4 hrs ago
Robert Kiyosaki Says $1.2 Billion Debt Supports Real-Estate Strategy
Robert Kiyosaki says he owes about $1.2 billion.
He says much of this debt is connected to real-estate investments.
He believes debt can help people buy assets that produce income.
He has taught this idea for many years.
He also says people should not copy him without learning how debt works.
Kiyosaki says he has studied debt since 1974.
He built a financial-education business around his book “Rich Dad Poor Dad.”
He discussed his debt on the “Get Rich Education” podcast.
Robert Kiyosaki says he carries about $1.2 billion in debt.
He links the debt to real-estate investments that contribute to his wealth-building strategy.
Kiyosaki has promoted using debt to acquire income-generating assets.
He repeated the debt figure on the “Get Rich Education” podcast.
Kiyosaki warned listeners not to copy his approach without studying how to use debt.
- Who
- Robert Kiyosaki, author of “Rich Dad Poor Dad.”
- What
- Kiyosaki said he is carrying about $1.2 billion in debt tied to real-estate investments.
- Where
- On the “Get Rich Education” podcast.
- When
- He made the comments recently on the “Get Rich Education” podcast; he says he has studied debt since 1974.
- Why
- Kiyosaki says the debt is connected to acquiring income-generating assets through real-estate investments.
Key facts
- Reported debt
- About $1.2 billion
- Debt connection
- Real-estate investments
- Investment approach
- Using debt to acquire income-generating assets
- Book
- “Rich Dad Poor Dad,” first self-published in 1997
- Financial education business
- Built around “Rich Dad Poor Dad”
- Podcast appearance
- “Get Rich Education”
- Age
- 79
Quotes
Robert Kiyosaki
Author of Rich Dad Poor Dad and financial-education entrepreneur
“But I studied it since 1974… If you’re going to learn to use debt, you’d better take some education”
indianexpress.com
“So, I’m a billion two in debt”
indianexpress.com
Sources
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