Source: New York Post
“‘Rich Dad Poor Dad’ author Robert Kiyosaki — the self-help guru who has made a fortune preaching the secrets of financial success — has amassed a staggering $1.2 billion in debt tied to his sprawling real-estate investments, according to a 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. ‘So, I’m a billion two in debt,’ he told the ‘Get Rich Education’ podcast over the summer. He added that people ‘[s]hould not do what I do, right?’ ‘But I studied it since 1974… If you’re going to learn to use debt, you’d better take some education.’ His ex-wife and business partner Kim Kiyosaki recently told Vanity Fair that the $1.2 billion figure has been widely misunderstood — and does not represent money the best-selling author personally owes.” (09/01/26)