“Real Estate Is Bullshit!”: Mexican Billionaire’s Shocking Investment Advice 🤯

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So. Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico (you know, just your average guy with a couple of spare yachts), popped onto X to deliver a masterclass in saying the quiet part out loud.

Salinas, who owns things with intimidatingly official names like TV Azteca and Grupo Electra, just nuked the hopes and dreams of the entire real estate industry. He really wants you—and presumably the planet—to know: “Investing in REAL ESTATE is a BAD INVESTMENT!!!” Yes, three exclamation marks. He’s not whispering sweet nothings here.

He warns against being “fooled” by the siren song of bricks and mortar. Because apparently, buying a house to live in… is just spending money. Not investing. Owning a property to rent out? That’s, and I quote, “bullshit.” His words, not mine. Although, honestly, I’ve had landlords, so…

Instead—get this—if you want a seat at the billionaires’ table (that mysterious 0.000037% of the world’s population, or literally just you and a small WhatsApp group), you must “Invest in Bitcoin.” I mean, nothing says stable and huggable like digital coins you can’t actually hug.

For added drama, here’s the tweet that started a thousand meltdowns.

So next time you eye up a nice two-bedroom with ‘potential,’ just picture Ricardo popping around to slap the keys out of your hand and toss you a Bitcoin wallet. 🏡🚫💸➡️🪙

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2025-05-06 15:11