‘Rich Dad Poor Dad’ self-help author Robert Kiyosaki is $1.2 billion in debt: report
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6 Articles
‘Rich Dad Poor Dad’ self-help author Robert Kiyosaki is $1.2 billion in debt: report
The 79-year-old scribe has repeatedly touted the eye-popping figure while arguing that borrowing money to buy income-producing assets is a strategy used by the wealthy.
Key Points of the News: A real estate portfolio linked to Robert Kiyosaki records liabilities for a total of 1.2 billion dollars. The figure corresponds to a commercial portfolio of approximately 1,500 units of apartments and does not represent a direct personal debt in its entirety. Kiyosaki's direct individual responsibility within that structure is not ... Read more
Robert Kiyosaki told Vanity Fair that he has a debt of $1.2 billion, although Kim Kiyosaki’s explanation argues that the figure corresponds mainly to an asset-backed real estate group. The revelation sums up his controversial philosophy: for the illustrious writer, debt can be a tool for wealth creation when banks continue to finance property.
Rich Dad Poor Dad author Robert Kiyosaki is $1.2bn in debt from his real estate investments - Newsy People
“Rich Dad Poor Dad” author Robert Kiyosaki has revealed that he is carrying about $1.2 billion in debt, despite building his fortune by teaching people how to achieve financial success. The 79-year-old financial author reportedly accumulated the massive debt through his real estate investments and has repeatedly defended borrowing money to acquire income-producing […] The post Rich Dad Poor Dad author Robert Kiyosaki is $1.2bn in debt from his…
'Rich Dad, Poor Dad' Author Behind Massive BTC Price Predictions Faces $1.2 Billion Debt
The amount is not the Bitcoin bull's personal debt, but the disclosure is very notable nonetheless.
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