‘Rich Dad Poor Dad’ self-help author Robert Kiyosaki is $1.2 billion in debt: report
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9 Articles
“Rich Dad Poor Dad” Author Robert Kiyosaki Claims He’s In $1.2 Billion In Debt
“Rich Dad Poor Dad” Author Robert Kiyosaki Claims He’s In $1.2 Billion In Debt Best-selling Rich Dad Poor Dad author Robert Kiyosaki said he owes a whopping $1.2 billion tied to his extensive real estate holdings, the New York Post reported. Kiyosaki made the admission during a wide-ranging interview on the “Get Rich Education” podcast. “So, I’m a billion two in debt,” he said. “But I studied it since 1974… If you’re going to learn to use debt,…
‘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.
"Rich Dad Poor Dad" Author Robert Kiyosaki Claims He’s In $1.2 Billion In Debt
"Rich Dad Poor Dad" Author Robert Kiyosaki Claims He’s In $1.2 Billion In Debt Best-selling Rich Dad Poor Dad author Robert Kiyosaki said he owes a whopping $1.2 billion tied to his extensive real estate holdings, the New York Post reported. Kiyosaki made the admission during a wide-ranging…
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.
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