"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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4 Articles
"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.
“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…
Robert Kiyosaki, author of the best-selling financial management book Rich Dad Poor Dad, has revealed that his real estate empire is built on about $1.2 billion in debt. The 79-year-old financial educator, who rose to international fame after publishing the book in 1997, says the book has sold more than 44 million copies worldwide. He frequently cites his debt level in talks and programs as an example of his strategic approach to wealth creation…
Robert Kiyosaki, author of "Rich Dad Poor Dad," reveals $1.2 billion in debt and explains why it's a strategy, not a failure. All the details on his leverage approach
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