"I Pay No Taxes Because I Borrow Money": Rich Dad Poor Dad Author Explains How He's Accumulated $1.2 Billion in Debt
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9 Articles
After almost 30 years teaching financial education and building an empire through it, the American author Robert Kiyosaki, of the book “Rich Father, Poor Father”, faces a millionaire debt. As confirmed by his ex-wife and associate Kim Kiyosaki in a report by Vanity Fair, in what seems to be an absolute contradiction ... Continue reading “Author of “Rich Father, Poor Father”, Robert Kiyosaki, confesses that he owes 60 million dollars”
"I Pay No Taxes Because I Borrow Money": Rich Dad Poor Dad Author Explains How He's Accumulated $1.2 Billion in Debt
Robert Kiyosaki openly brags about carrying more than a billion dollars in debt and paying zero taxes, and his explanation for why that makes him wealthy rather than broke will either change how you think about money or terrify you.
Adevarul
unimedia.infoRobert Kiyosaki, author of the book "A rich father, a poor father, says he owes about $1.2 billion, a sum he presents as part of his investment strategy. Most of this debt is related to real estate properties held with partners.
The author considers it "good debt", as a result of loans used to buy assets, generate income, reduce taxes and increase wealth.
The entrepreneur claimed to have an active debit of $1.2 billion today
“I Pay No Taxes Because I Borrow Money”: Rich Dad Poor Dad Author Explains How He’s Accumulated $1.2 Billion in Debt
The post “I Pay No Taxes Because I Borrow Money”: Rich Dad Poor Dad Author Explains How He’s Accumulated $1.2 Billion in Debt appeared first on 24/7 Wall St.. In a June 2026 interview on the “Get Rich Education” podcast, Robert Kiyosaki said plainly: “So, I’m a billion two in debt.” The author of…
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