Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, amassed a fortune by promoting secrets to financial success, yet he has also accumulated a staggering $1.2 billion in debt through massive real estate investments.
The New York Post reported on the 1st that the 79-year-old Kiyosaki has frequently spoken publicly about this eye-popping figure, maintaining that borrowing money to acquire income-generating assets is a strategy employed by the wealthy. In an interview this summer on the “Get Rich Education” podcast, he stated, “I am $1.2 billion in debt,” while candidly admitting that the average person “shouldn’t do what I do.”