Robert Kiyosaki facts for kids
Quick facts for kids
Robert Kiyosaki
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Kiyosaki in 2023
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| Born | Robert Toru Kiyosaki April 8, 1947 Hilo, Territory of Hawaii, U.S. |
| Occupation | Businessman, author |
| Subject | Personal finance, business investing |
| Years active | 1973–1994 1997–present |
| Notable works | Rich Dad Poor Dad |
| Spouse |
Kim Meyer
(m. 1986; div. 2017) |
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Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. He is best known for his book Rich Dad Poor Dad. This book is part of a series that teaches people about personal finance. He also started a company called Rich Dad Company. This company helps people learn about money and business through books and videos.
Contents
Robert Kiyosaki's Early Life
Robert Kiyosaki was born in 1947 in Hilo, Hawaii. His parents were Ralph and Majorie Kiyosaki. He is the oldest of their children. His family has Japanese roots.
Education and Military Service
Kiyosaki went to Manoa Elementary School. Later, he moved to Hilo and graduated from Hilo High School. In 1965, he joined the United States Merchant Marine Academy. He graduated four years later as a deck officer. After traveling on ships, he joined the U.S. Marine Corps. He became a helicopter pilot during the Vietnam War.
Robert Kiyosaki's Early Career
In 1977, Kiyosaki started a company called "Rippers." This company sold wallets made of nylon and Velcro. After this business did not succeed, he worked as a sales associate at Xerox. He stayed there until June 1978.
Becoming a Motivational Speaker
In the 1980s, Kiyosaki became a motivational speaker in San Diego. He taught courses about money and business ideas. He had learned these ideas from a course he took in 1974. He helped expand these courses to many students around the world. He left this business in 1994.
Financial Education Career
In 1993, Kiyosaki wrote his first book. It was called If You Want to Be Rich and Happy, Don't Go to School?. In this book, he suggested that people could learn about business without going to college. He thought they could learn by getting into the real estate business.
Starting Rich Dad Company
In 1997, Kiyosaki started Cashflow Technologies, Inc. This company owns the Rich Dad and Cashflow brands. Kiyosaki also created board and video games called Cashflow. These games help adults and children learn about business and money.
Kiyosaki had a business partner named Sharon Lechter. They ended their partnership around 2008.
Other Businesses and Companies
Robert Kiyosaki has been involved in several businesses. Some of his early businesses, like one for surfing bags and another for T-shirts, did not succeed.
Kiyosaki runs his businesses through different companies. These include Rich Dad LLC and Rich Dad Education. A lot of his company's money comes from people who pay to use his name. These people run "Rich Dad" seminars. They teach others using Kiyosaki's brand.
One of Kiyosaki's companies, Rich Global LLC, had financial difficulties in 2012.
Robert Kiyosaki's Financial Advice
Kiyosaki has written more than 26 books. His most famous book is Rich Dad Poor Dad. It has been translated into many languages. By 2017, almost 40 million copies of the book had been sold.
Key Ideas in His Books
Kiyosaki's books teach that you can become financially independent. This means having enough money so you don't have to work for it. He suggests this can happen through passive income. Passive income is money you earn without actively working for it, like from investments.
He also believes that you don't always get rich just by going to school and getting a traditional job. He talks about using "good debt" to buy things that make you money, like real estate. He also strongly suggests buying gold and silver. He often calls them "God's money."
Public Reception and Criticism
Kiyosaki's advice has been talked about a lot. Some people have looked closely at his seminars. In 2010, a TV show called Marketplace in Canada looked at "Rich Dad" seminars. They found some investments promoted in the seminars were not as they seemed.
Also in 2010, Allan Roth from CBS News wrote about attending one of Kiyosaki's free seminars. He looked at the methods used there. In 2013, WTAE-TV also made a report about Kiyosaki. Some people have also said that Kiyosaki's advice uses many stories but does not always give clear steps on what to do.
Robert Kiyosaki's Personal Life
Robert Kiyosaki met his second wife, Kimberly "Kim" Kiyosaki, in 1984. They got married in 1986. They separated in 2017.
Kiyosaki has stated that he has a lot of debt.
Political Views
Kiyosaki supported Donald Trump in the 2016 United States presidential election. Kiyosaki had also written two books with Trump.
See also
In Spanish: Robert Kiyosaki para niños
