Robert Kiyosaki, the American businessman and the author of the famous book “Rich Dad, Poor Dad” and has an estimated net worth of $100 million.
He is not just an author but he has practical knowledge of what he writes as he is also an American investor, businessman, financial commentator, as well as a motivational speaker.
Throughout his career as author, he has written and published more than 26 books.
That also includes the international self-published book on personal finance Rich Dad Poor Dad, which also led him to gain massive popularity.
Similarly, he is a 4th-generation Japanese American, also known as a “Yonsei.”
Kiyosaki has been a prominent name in the field of financial advice, self-help, and life coaching with the publication of books which has motivated and helped millions around the globe.
With the publication of his numerous books, Kiyosaki has become one of the most prominent names in the field of self-help and life coaching, especially revolving around financial advice.
So far, the book series has been interpreted into 51 languages and sold over 41 million copies worldwide.
Kiyosaki is also the founder of the 2 companies Rich Global LLC and the Rich Dad Company.
Likewise, he is also the creator of the Cashflow board and software games to educate adults and children on business and financial concepts.
|Full Name||Robert Toru Kiyosaki|
|Celebrated Name||Robert Kiyosaki|
|Net Worth||$ 100 Million|
|Birth Date||April 8, 1947|
|Age||74 Years Old|
|Birth Place||Hilo, Hawaii, United States|
|Ethnicity||Japanese American ancestry|
|Education|| Hilo High School
United States Merchant Marine Academy
The University of Hawaii at Hilo
|Father’s Name||Ralph H. Kiyosaki|
|Mother’s Name||Marjorie O. Kiyosaki|
|Siblings||3 (2 sisters Emi and Beth Kiyosaki and his brother John Kiyosaki)|
|Eye Color||Dark brown|
|Spouse(s)||Kim Kiyosaki (m. 1986)|
|Profession||Writer, Author, Businessperson, Investor, Entrepreneur, Motivational speaker, Pilot|
|Companies||Rich Dad Company And Cashflow Technologies, Inc.|
|Years Active||1973- 1994 & 1997 to present|
|Social Media||Facebook, Instagram, Twitter|
|Last Update||May, 2022|
Net worth and Income
For his earnings, Kiyosaki operates several companies that he owns fully or partially.
He also made money through franchisee arrangements with others companies.
Such companies include Rich Dad LLC, Whitney Information Network, Rich Dad Education, and Rich Dad Academy.
Likewise, he also operates other external business ventures and investments.
As per a Forbes interview, Kiyosaki’s main earnings come through franchisees of the Rich Dad seminars.
Net Worth of Robert Kiyosaki in Different Currencies
Let’s have a look into Robert Kiyosaki’s net worth in different currencies as of May, 2022.
|Pound Sterling||£ 72,125,000|
|Australian Dollar||A$ 132,365,000|
|Canadian Dollar||C$ 123,442,500|
|Indian Rupee||₹ 7,428,850,000|
Robert Kiyosaki House & Cars
The renowned author is often seen discussing topics related to houses as well.
In Rich Dad, Poor Dad, the author Robert Kiyosaki asked the question “is a house an asset or a liability?”
In fact, owning a house as a primary residence is something Kiyosaki considers as a liability instead of an asset.
Although popular opinion believes owning a house to be an asset, Kiyosaki, on the other hand, discusses why he thinks a house is a liability in his books by comparing assets and liabilities.
He have said- the house does indeed cost money every month, quarter, and year, and so long as these losses are not offset with income, the house you live in is a liability.
He himself, however, owns a house in Pheonix, Arizona.
The “Rich Dad, Poor Dad” author, owns Lamborghini, Porche 911 Sports Cars, Yellow and Blue Ferrari, Continental VTC G8, and Chevrolet LT Suburban.
Robert Kiyosaki Lifestyle & Vacations
Kiyosaki is married to Kim Kiyosaki.
The Kiyosakis’ have lived in Phoenix, Arizona, in the United States since 1994.
However, the two, Robert and Kim, separated in the year 2017.
Robert confirmed the news on June 10, 2021, during an interview with Daniela Cambone of Stansberry Research.
Moreover, Kiyosaki, who co-authored a book with Donald Trump, endorsed and supported the Republican candidate for the 2016 Presidential elections.
Kiyosaki’s vacations usually come in the form of book tours.
Last year, he was on European Tour 2019, including countries like Poland, Romania, and London.
He also had a Master Class conducted in London.
Movies, Investments, Endorsements & Book Publications
He has appeared as a guest in “Between the Lines with Barry Kibrick” in 2012, “The Doctors” in 2009, and “Millionaire Inside” in 2007.
The famous author is also a speaker at “Rich Dad’s Guide to Wealth with Robert Kiyosaki and is a host at Robert Kiyosaki Show.
The book “Rich Dad, Poor Dad,” is also a movie. Produced by Kteh, it was released in the year 2001.
Similarly, it was directed by Frank Zamacona and also had Robert T Kiyosaki, Cyrus Amini, Daniel Anderson, Scott Cracheff, and Steve Davy as the cast and crew members.
He has given some investment advice, which are as follows:
Adjust your money mindset
Know what kind of income you’re working for
Convert ordinary income into a passive income
The investor is the asset or liability
Good deals attract money
Learn to evaluate risk and reward
Kiyosaki is known to have endorsed the network marketing business.
News can also be seen on the internet about his endorsement with an entrepreneur Anik Singal.
The best-selling finance book “Rich Dad, Poor Dad” has sold approximately 46 million, although it a self-published book.
Apart from that he also has other books which he recently published.
Released in the year 2013, this book is intended to encourage parents not to pressurize their children to earn good grades and force them to dream big.
Instead, this book encourages children to envision a life of their own with their own dreams rather than living by conventions.
This book was published in the year 2011.
Here, Kiyosaki rightly proclaimed, ‘change is the only constant,’ but the irony is that change may not always be desirable and not always accompanied by advantages.
He also talks at length about the multidimensional hurdles that a modern man in modern times has to undergo and also how he marches ahead in search of a befitting solution to those problems.
Perhaps, one of the toughest ventures that exist for entrepreneurship is the business of real estate.
And, this book talks about all the risks and uncertainties as well the benefits associated with Real Estate.
Kiyosaki collaborated with his sister Emi Kiyosaki for this book which was released in 2009. This book projects the diverse ideologies of both the siblings on life and survival.
Apart from his recent publication, his writing journey spans long.
Around 2000, he published If You Want to Be Rich & Happy, Don’t Go to School? (1992), Rich Dad, Poor Dad (1997), Cashflow Quadrant (May 2000), Rich Dad’s Guide to Investing (June 2000).
Similarly, in the year 2006, he also jointly wrote a book with Donald Trump on Why We Want You to Be Rich: Two Men, One Message.
Likewise, he also wrote the book Rich Dad’s Increase Your Financial IQ: Get Smarter with Your Money in 2008.
In addition, in 2009, he published the book Rich Dad’s Conspiracy of the Rich: The 8 New Rules of Money.
Kiyosaki attended the Erhard EST seminars in the year 1974, which he says changed his life.
Soon after, he started his first company, “Rippers,” in 1977, which despite being successful for some time, soon went bankrupt.
Similarly, his two other businesses for surfing bags with Velcro fasteners and T-shirts also went bankrupt.
Regardless of the failures, in 1997, Kiyosaki launched Cashflow Technologies, Inc., a business and financial education company that owns and operates the Rich Dad and Cashflow brands.
Moreover, Kiyosaki’s company “Rich Global LLC” filed for bankruptcy in 2012 and was hence, ordered to pay Learning Annex and its founder an amount of nearly $24 million.
As per a Forbes interview, Kiyosaki’s main earnings came through franchisees of the Rich Dad seminars.
3 Facts about Robert Kiyosaki
- He attained his preliminary education thereafter enrolled himself at the U.S. Merchant Marine Academy in New York. He graduated as a deck officer in 1969.
- During the Vietnam War in the year 1972, he served as a helicopter gunship pilot in the Marine Corps. For this service, he was also awarded the Air Medal.
- In 2002, he bought a silver mine in South America and also took control over a gold mining company in China.
What is the “Rich Dad, Poor Dad” author’s opinion on Bitcoin?
Kiyosaki said that money printing by the government, excessive stimulus, and the devaluation of the U.S. dollar is what gives Bitcoin and gold their appeal.
How many children does Robert Kiyosaki have?
Although Robert was married to Kim, they don’t have a child together.