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How much is Robert Kiyosaki worth?

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Robert Kiyosaki is an American businessman, financial expert, motivational speaker, and author who has turned his seminal work “Rich Dad Poor Dad” into a multi-million dollar self-help and marketing industry through the Rich Companies. Global, LLC and Rich Dad Company. Lately he reminded people that accidents are a good time to get rich.

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His life’s work has earned him a net worth of $100 million, according to Celebrity Net Worth.

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rich dad, poor dad

“Rich Dad Poor Dad” is told in the form of parables presenting two different views on money. One leads to wealth. The other no. While originally self-published, it was picked up by a publishing house and remained on the New York Times bestseller list for six years. It has been part of the lexicon of financial literacy for about a quarter of a century.

Books, seminars and games bearing his name have dominated the self-help and finance spheres since the publication of his famous book in 1997. That same year he started Cashflow Technologies, Inc. which he used to market its creation and make it the financial base that it has become.

Other Books and Efforts by Kiyosaki

What we may not know is that “Rich Dad Poor Dad” was not his first book. It was dubiously titled “If you want to be rich and happy, don’t go to school” and encouraged people to consider real estate rather than traditional higher education.

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He has written over 25 books, which have sold over 42 million copies worldwide. He even co-wrote a couple with former President Donald Trump, including “Why We Want You to Be Rich: Two Men, One Message.”

Speaking engagements and seminars helped build his name and reputation. Although he speaks himself from time to time, other experts usually run the classes in a franchise-like setup. The costs of these seminars can range from free to thousands of dollars depending on the scope.

Although his work is popular, it is not without criticism. Some have noted that his books offer no practical advice on how to build wealth, but focus more on general self-help philosophies.

Kiyosaki’s Youth

Robert Toru Kiyosaki was born in Hilo, Hawaii to Marjorie and Dr. Ralph Kiyosaki on April 8, 1947. He is a fourth-generation American of Japanese ancestry. Over the years, he was very critical of his father’s time in school to get his doctorate, even though he himself would almost match him in terms of education over the years. . In 1965, he graduated from high school and entered the Naval College.

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He served in the United States Marines as a gunship pilot for two years in the early 1970s. Upon his return to the United States, he earned an MBA. His first foray into business was with a sales associate position at Xerox.

He tried to go into business selling a nylon and velcro “surfer” wallet with his brother. Rippers was the first company to go to market and it did well for a while, but eventually went bankrupt. His next business, which sold t-shirts, wallets, hats and bags for heavy metal rock bands, met the same fate in 1980.

In 1980, Kiyosaki recalculated his route and started selling education. He started a company called Excellerated Learning Institute in 1985. Its goal was to enlighten students on the importance of combining social responsibility and finance. He sold the business four years later.

Cashflow Technologies Inc., the business and financial education company that owns and operates the Rich Dad and Cashflow brands was launched in 1997.

It was only a few years later that he published the book that made him famous: “Rich Dad Poor Dad”.

He faced bankruptcy again in 2012 when his company “Rich Global LLC” lost nearly $24 million in a court judgment against The Learning Annex, according to Business Insider.

Where is his money invested?

Kiyosaki is currently using gold, silver, and Bitcoin to insulate his other investments from the current bear market. He also invests in oil wells – not companies – he recently explained in a Tweeter.

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Private life

Kiyosaki married Kim Meyer in 1985. The power couple has no children. Together they developed an online investing game under the “Cashflow Technologies” brand, called CASHFLOW Classic, which teaches people how to cover their expenses through passive income. It is available free online here.

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About the Author

Michelle Tompkins is an award-winning media, public relations and crisis communications professional with over 15 years of experience in traditional media and new media. She is currently a communications strategist and writer, as well as the author of College Prowler: Guide for Columbia University — her alma mater where she obtained a BA in film studies. Michelle’s main interests are arts and entertainment (TV, comedy, theater and classic movies are her favorites), food and lifestyle. She also covers general news, business, beauty, gift guides, and stories related to medicine and health. Michelle also has a passion for conducting interviews with all kinds of interesting people. When not working or watching too much TV, she is a skilled home cook specializing in Puerto Rican and Southern cuisine, enjoys home entertainment and trivia/game nights, sipping Jack Daniels on the rocks and cheering on the San Francisco Giants.

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