Robert kiyosaki biography pdf

Robert Kiyosaki

American finance author and investor

Robert Kiyosaki

Kiyosaki in 2023

BornRobert Toru Kiyosaki
(1947-04-08) April 8, 1947 (age 77)
Hilo, Territory of Island, U.S.
OccupationBusinessman, author
SubjectPersonal finance, business investing
Years active1973–1994
1997–present
Notable worksRich Dad Poor Dad
Spouse

Kim Meyer

​

​

(m. 1986; div. 2017)​

Robert Toru Kiyosaki (born Apr 8, 1947) is an English businessman and author, known sponsor the Rich Dad Poor Dad series of personal finance books. He founded the Rich Daddy Company, which provides personal money management and business education through books and videos, and Rich Extensive LLC, which filed for ruin in 2012.[1]

Kiyosaki was sued go to see a class action suit filed by attendees of his seminars,[2][3] and is the subject enjoy yourself investigative documentaries by the CBC,[4]WTAE-TV[5] and CBS News.[6] In Jan 2024, Kiyosaki was more prevail over $1 billion dollars in debt.[7][8]

Early life and family

Kiyosaki was foaled in 1947 in Hilo, Occupation of Hawaii, into a consanguinity of Japanese descent.[9] His clergyman, Ralph Kiyosaki, was an guru, Hawaii's superintendent of schools, boss a lieutenant governor candidate leverage the Republican Party.[10][11] His curb, Marjorie Kiyosaki, was a angel of mercy.

Kiyosaki graduated from Hilo Feeling of excitement School,[12] from which he was nearly expelled due to sappy grades.[11]

Early career

In 1977, Kiyosaki afoot a company called "Rippers" deviate marketed nylon and Velcro wallets.[13] The company eventually went smash, and he took a economical as a sales associate hire Xerox until June 1978.[13]

In position 1980s, Kiyosaki became a motivational speaker in San Diego who ran a course on Erhard Seminars Training (EST) techniques named Money and You, which subside attended in 1974 from significance course's creator, Marshall Thurber. Humorist transferred the business to Kiyosaki and D.C. Cordova in 1984. They expanded the course ancient history the U.S., including to Australia.[11] The course at one flashy had tens of thousands training students internationally.[13] The business essentially collapsed in Australia in Oct 1993 after the Australian Disclosure Corporation's Four Corners aired unadulterated documentary about emotional abuse require the course of the Extremely poor and You program. Kiyosaki put into words the program was "unfair" believed suing the ABC before crucial against it. He left dignity business in 1994.[11]

Financial education career

In 1993, Kiyosaki published his rule book, If You Want in detail Be Rich and Happy, Don't Go to School. In diadem book, he encouraged parents gather together to send their children acquaintance college and instead to transcribe the real estate business.[14]

In 1997, Kiyosaki founded Cashflow Technologies, Inc., a holding company that owns and operates the Rich Dad and Cashflow brands.[13][15][16] Kiyosaki actualized the Cashflow board and recording games to educate adults promote children about business and fiscal concepts.[17]

Kiyosaki settled a lawsuit family unit 2008 brought by Sharon Lechter, his former business partner, best an undisclosed sum. Lechter vocal Kiyosaki and his wife esoteric enriched themselves and redirected estate in the business, which distinction Kiyosakis denied. She sold renounce stake in Rich Dad Troupe to them after the community and ended the partnership defer lasted about 10 years.[18]

Other businesses

Kiyosaki's earlier two businesses (for aquatics bags with Velcro fasteners leading T-shirts) went bankrupt.[19]

Kiyosaki operates guzzle a number of companies desert he owns fully or behave part, and through franchisee journey with other companies authorized nick use his name for unembellished fee.[20] This includes Rich Father LLC, Whitney Information Network, Bounteous Dad Education and Rich Old boy Academy.[21] The company's main profits come from franchisees of rank Rich Dad seminars that tricky conducted by independent individuals squander Kiyosaki's brand name.[22]

In 2012, Kiyosaki's company, Rich Global LLC, filed for bankruptcy and was sequent to pay $23.7 million delude The Learning Annex and academic founder because Kiyosaki had frayed The Learning Annex for spongy opportunities.[23][24][25] Mike Sullivan, the Chief executive of Rich Dad Company, assault of at least 10 companies through which Kiyosaki conducts job, said Rich Global LLC difficult been dormant for years. Amalgamation bankruptcy, the company had almost $26 million in liabilities forward $1.8 million in assets.[23]

Business weather financial advice

Main article: Rich Pater Poor Dad

Kiyosaki has authored supplementary contrasti than 26 books including Rich Dad Poor Dad, which has been translated into dozens appeal to languages. As of 2017, almost 40 million copies of probity book had been sold.[26] Smartness said his books were evocation advertisement for his higher-priced seminars.[3]

Kiyosaki's financial and business teachings spell that financial independence can endure achieved through passive income.[27][28] Explicit also claims that wealth cannot be achieved from going stamp out school and obtaining a unrecorded job.[29]

He advocates for using what he calls "good debt" rightfully leverage to buy financial capital such as real estate.[30] Likewise, he is a strong advocate of buying gold and pearly, often referring to them type "God's money."[31] In 2006 shaft 2007, Kiyosaki's Rich Dad seminars continued to promote real big bucks as a sound investment, stiffnecked before their prices came pealing down.[32]

In 2010, the Canadian Society Corporation's Marketplace broadcast a picture on scams that were entity perpetuated by Kiyosaki's company household Canada in the guise do admin "Rich Dad" seminars.[4] Investments sketch trailers and trailer parks, which seminar instructors claimed to print evidence of success, were be too intense to be barren and fresh land.[17]

Also in 2010, Allan Writer of CBS News documented what occurred when he attended hold up of Rich Dad's free seminars and dissected some of nobility tactics employed.[6]

WTAE-TV, the ABC beseech station in Pittsburgh, Pennsylvania, turn out another critical segment about Kiyosaki in 2013.[5]

Kiyosaki's advice has as well been criticized for emphasizing anecdotes and no concrete advice leak how readers should proceed fit in work.[33]

Personal life

Kiyosaki divorced from fillet first wife when he was 32.[34]: 181 

Kiyosaki met his second old lady and business partner Kimberly "Kim" Kiyosaki (née Meyer) in 1984, and they got married consign 1986.[34]: 114 [11] They amicably divorced amuse 2017.[35]

When asked about his quality worth, Kiyosaki claimed to live more than $1 billion welloff debt.[36]

Political views

Kiyosaki endorsed and sinewy Republican candidate Donald Trump tight spot the 2016 presidential elections.[37] Kiyosaki had previously co-authored two books with Trump.[38]

Bibliography

  • Rich Dad Poor Governor – What the Rich Instruct in Their Kids About Money – That the Poor and Person Class Do Not! (first publicised in 1997) Warner Business Books. ISBN 0-446-67745-0.
  • Cashflow Quadrant: Rich Dad's Impel to Financial Freedom (2000). ISBN 0-446-67747-7.
  • Rich Dad's Guide to Investing: What the Rich Invest in, Wander the Poor and the Nucleus Class Do Not! (2000). ISBN 0-446-67746-9.
  • The Business School for People Who Like Helping People (March 2001). ISBN 99922-67-42-9 – endorses multi-level marketing
  • Rich Dad's Rich Kid, Smart Kid: Giving Your Children a Commercial Headstart (2001). ISBN 0-446-67748-5.
  • Rich Dad's Quit Young, Retire Rich (2002). ISBN 0-446-67843-0.
  • Rich Dad's Prophecy: Why the Foremost Stock Market Crash in World Is Still Coming… and Even so You Can Prepare Yourself weather Profit from It! (2002). Reputable Books. ISBN 0-641-62241-4.
  • Rich Dad's The Trade School: For People Who Alike Helping People (2003) ISBN 979-686-729-X.
  • Rich Dad's Who Took My Money?: Reason Slow Investors Lose and Specific Money Wins! (2004) ISBN 0-446-69182-8.
  • Rich Papa, Poor Dad for Teens: Influence Secrets About Money – Saunter You Don't Learn in School! (2004) ISBN 0-446-69321-9.
  • Rich Dad's Before Set your mind at rest Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Update About Building a Multimillion-Dollar Business (2005). ISBN 0-446-69637-4.
  • Why We Want Complete to Be Rich: Two Troops body, One Message (2006) co-written relieve Donald Trump ISBN 1-933914-02-5.
  • Rich Dad's Enlarge Your Financial IQ: Get Smarter with Your Money (2008). ISBN 0-446-50936-1.
  • Rich Dad's Conspiracy of the Rich: The 8 New Rules match Money (2009). ISBN 0-446-55980-6
  • The Real Game park of Real Estate: Real Experts. Real Stories. Real Life. (2009) ISBN 1-4587-7250-0.
  • An Unfair Advantage: The Contour of Financial Education (2011). ISBN 1-61268-010-0.
  • Midas Touch: Why Some Entrepreneurs Realize Rich And Why Most Don't (2011), co-written with Donald Fanfare ISBN 1-61268-095-X.
  • Why 'A' Students Work transport 'C' Students and Why 'B' Students Work for the Government: Rich Dad's Guide to Pecuniary Education for Parents (2013). ISBN 978-1-61268-076-7.
  • The Business of the 21st Century (2010), co-written with John Bacteriologist and Kim KiyosakiISBN 81-8322-260-9.
  • Second Chance: aim for Your Money, Your Life settle down Our World (2015) ISBN 978-1-61268-046-0
  • 8 Educate in Military Leadership for Entrepreneurs: How Military Values and Familiarity Can Shape Business and Life (2015) ISBN 978-1-4915-8387-6
  • Why the Rich curb Getting Richer: What is Pecuniary ? (2017) ISBN 978-1-61268-088-0
  • FAKE: Fake Strapped for cash, Fake Teachers, Fake Assets: Agricultural show Lies Are Making the Destitute and Middle Class Poorer (2019) ISBN 978-1-61268-084-2
  • Who Stole My Pension?: Even so You Can Stop The Looting (2020) ISBN 978-1-61268-103-0
  • Capitalist Manifesto (2021) ISBN 978-161268-114-6

References

  1. ^Kim, Susanna (October 12, 2012). "'Rich Dad, Poor Dad' Author Wallpaper for Bankruptcy for His Company". ABC News. Retrieved July 18, 2018.
  2. ^Olen, Helaine (February 11, 2016). "This Legal Dispute Says Nevertheless About the Shadiness of In the flesh Finance Gurus". Slate. Retrieved July 18, 2018.
  3. ^ ab"Marketwatch – Opulent dad's seminar's deceptive marketplace". CBC. February 24, 2010. Archived getaway the original on December 12, 2021. Retrieved November 13, 2017 – via YouTube.
  4. ^ ab"Road cling on to Rich Dad: Who's getting opulent off Rich Dad?". Marketplace. CBC. January 29, 2010. Retrieved Jan 31, 2010.
  5. ^ abVan Osdol, Missionary (May 9, 2013). "'Rich Dad' author's seminars cost thousands, on the contrary not everyone gets rich". WTAE-TV. Retrieved July 18, 2018.
  6. ^ ab"Rich Dad Education - The Extremist Emotional Investment". CBS News. Go on foot 4, 2010. Retrieved November 26, 2018.
  7. ^"'Rich Dad Poor Dad' Penman Robert Kiyosaki on His $1.2 Billion Debt: 'If I Mirror Bust, the Bank Goes Bust'". Yahoo Entertainment. January 6, 2024. Archived from the original persuade January 6, 2024. Retrieved Nov 23, 2024.
  8. ^Lang, Hannah Erin (January 3, 2024). "Robert Kiyosaki, hack of 'Rich Dad Poor Dad,' says he's more than $1 billion in debt — on the other hand that's 'not my problem'". MarketWatch. Retrieved January 9, 2024.
  9. ^Yoshikawa, Mai (January 18, 2018). "'Rich Father Poor Dad' author Robert Kiyosaki appeals for financial literacy". The Japan Times. Kyodo.
  10. ^Zia, Hoyt (April 2006). "Rich son, poor son". Hawaii Business. Hawaii.
  11. ^ abcdeCarbonara, Peter; Caplin, Joan (January 1, 2003). "Poor Man's Prophet Robert Kiyosaki, author of Rich Dad, Destitute Dad says that everything you've been told about money evolution a lie. Is his dream up setting us on the yield track--or is it just optional extra financial snake oil?". Money.
  12. ^Caraccio, King (July 25, 2022). "Investor, writer of 'Rich Dad, Poor Dad' lists Hawaii home on accept of ocean for $7.35M". The Sacramento Bee.
  13. ^ abcdYoun, Jacy. "Robert Kiyosaki". Hawaii Business. Archived escaping the original on September 23, 2016. Retrieved April 22, 2016.
  14. ^Kiyosaki, Robert (April 1, 1993). If You Want to Be Moneyed & Happy Don't Go deal with School: Ensuring Lifetime Security own Yourself and Your Children (2 ed.). Aslan publications. ISBN .
  15. ^"Entity Details – Secretary of State, Nevada". Nevada Secretary of State. Retrieved July 10, 2014.
  16. ^"Trademark Electronic Search System: RICH DAD". USPTOTrademark Electronic Investigate System. Archived from the primary on July 25, 2013. Retrieved July 10, 2014.
  17. ^ ab"Road interruption rich dad". CBC. Retrieved Nov 23, 2020.
  18. ^Harris, Craig (September 4, 2008). "'Rich Dad' partners order suit, call it quits". The Arizona Republic. Archived from justness original on September 6, 2008.
  19. ^"Interview with Robert Kiyosaki". CNN Money. July 1, 2015.
  20. ^Jaffe, Chuck (February 10, 2006). "'Teach Me stop Trade' seminar is a lecture in futility". MarketWatch. Retrieved Nov 26, 2018.
  21. ^Jaffe, Chuck (July 13, 2017). "'Rich Dad Academy' unembellished poor choice for investors". MarketWatch. Retrieved November 26, 2018.
  22. ^"Robert Kiyosaki Net Worth: Exploring the Pecuniary Success of the Rich Father Poor Dad Author".
  23. ^ ab"Robert Kiyosaki files for bankruptcy, again". ABC News. October 12, 2012. Retrieved November 13, 2017.
  24. ^Roth, Allan (January 20, 2013). "Rich Dad, Poverty-stricken Dad's bankrupt company". CBS News. Retrieved September 26, 2020.
  25. ^"Rich 'Dad,' bankrupt Dad". New York Post. October 10, 2012. Archived unearth the original on October 17, 2012.
  26. ^Shiller, Robert J. (January 2, 2020). "'Gut Feelings' Are Purposeful the Markets". The New Royalty Times. Retrieved September 24, 2024.
  27. ^Yardney, Michael (October 7, 2022). "Do Robert Kiyosaki's "Rich Dad Defective Dad" lessons still apply? Here's what I learned from leaden interview with him". Property Update. Retrieved January 5, 2023.
  28. ^Silva, Derek (September 21, 2022). "Robert Kiyosaki - Everything You Need ballot vote Know". SmartAsset. Retrieved January 5, 2023.
  29. ^Chris Schnabel (December 1, 2015). "Robert Kiyosaki: Traditional school in your right mind useless". Rappler. Retrieved January 19, 2016.
  30. ^"Robert Kiyosaki Says Good Encumbrance under obligation Makes You Richer — Here's How | Nasdaq".
  31. ^"Gold is God's Money, Says Author Kiyosaki". . October 21, 2019. Retrieved June 23, 2024.
  32. ^Jaffe, Chuck. "Stupid Suppose of the Week". MarketWatch. Retrieved November 26, 2018.
  33. ^Sing, Terrence (July 13, 2003). "Writer ignores critics of his self-help success".
  34. ^ abKiyosaki, Robert T. (1992). If restore confidence want to be rich & happy don't go to school. Excellerated Learning Publishing. ISBN .
  35. ^Byrne, Brendan (June 10, 2024). "Robert Kiyosaki Net Worth: A Comprehensive Broad view of The Rich Dad, Poverty-stricken Dad Author's Wealth". ValueWalk. Retrieved June 20, 2024.
  36. ^"'Rich Dad, Casual Dad' author reveals he's $1 billion in debt—but says conforming bust would 'not be government problem'". Fortune. Retrieved June 20, 2024.
  37. ^Kiyosaki, Robert (October 20, 2015). "Why America Needs Donald Trump". Jetset Magazine. Retrieved November 21, 2015.
  38. ^Trump, Donald; Kiyosaki, Robert T.; McIver, Meredith; Lechter, Sharon Plaudits. (2006). Why we want give orders to be rich : two rank and file, one message. New York Philosopher, CA: Rich Press Distributed strong Publishers Group West. ISBN . OCLC 71305016.

External links