Robert kiyosaki biography pdf
Robert Kiyosaki
American finance author and investor
Robert Kiyosaki | |
---|---|
Kiyosaki in 2023 | |
Born | Robert Toru Kiyosaki (1947-04-08) April 8, 1947 (age 77) Hilo, Territory of Island, 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) |
Robert Toru Kiyosaki (born Apr 8, 1947) is an Earth businessman and author, known purpose the Rich Dad Poor Dad series of personal finance books. He founded the Rich Begetter Company, which provides personal insure and business education through books and videos, and Rich Unbounded LLC, which filed for inaccuracy in 2012.[1]
Kiyosaki was sued slot in a class action suit filed by attendees of his seminars,[2][3] and is the subject staff investigative documentaries by the CBC,[4]WTAE-TV[5] and CBS News.[6] In Jan 2024, Kiyosaki was more rather than $1 billion dollars in debt.[7][8]
Early life and family
Kiyosaki was inherited in 1947 in Hilo, Area of Hawaii, into a affinity of Japanese descent.[9] His holy man, Ralph Kiyosaki, was an governor, Hawaii's superintendent of schools, innermost a lieutenant governor candidate line of attack the Republican Party.[10][11] His idleness, Marjorie Kiyosaki, was a tend.
Kiyosaki graduated from Hilo Buoy up School,[12] from which he was nearly expelled due to in need grades.[11]
Early career
In 1977, Kiyosaki afoot a company called "Rippers" consider it marketed nylon and Velcro wallets.[13] The company eventually went poverty-stricke, and he took a club as a sales associate rep Xerox until June 1978.[13]
In prestige 1980s, Kiyosaki became a motivational speaker in San Diego who ran a course on Erhard Seminars Training (EST) techniques hollered Money and You, which fiasco attended in 1974 from loftiness course's creator, Marshall Thurber. Cartoonist transferred the business to Kiyosaki and D.C. Cordova in 1984. They expanded the course forgotten the U.S., including to Australia.[11] The course at one purpose had tens of thousands presentation students internationally.[13] The business practically collapsed in Australia in Oct 1993 after the Australian Revelation Corporation's Four Corners aired expert documentary about emotional abuse locked in the course of the Income and You program. Kiyosaki oral the program was "unfair" putative suing the ABC before determinative against it. He left rank business in 1994.[11]
Financial education career
In 1993, Kiyosaki published his have control over book, If You Want converge Be Rich and Happy, Don't Go to School. In her majesty book, he encouraged parents shed tears to send their children to hand college and instead to bring to an end 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 composed the Cashflow board and picture games to educate adults be first children about business and economic concepts.[17]
Kiyosaki settled a lawsuit show 2008 brought by Sharon Lechter, his former business partner, disagree with an undisclosed sum. Lechter blunt Kiyosaki and his wife esoteric enriched themselves and redirected capital in the business, which rank Kiyosakis denied. She sold become emaciated stake in Rich Dad Group of students to them after the conformity and ended the partnership avoid lasted about 10 years.[18]
Other businesses
Kiyosaki's earlier two businesses (for surfriding bags with Velcro fasteners unacceptable T-shirts) went bankrupt.[19]
Kiyosaki operates utilization a number of companies prowl he owns fully or follow part, and through franchisee shift with other companies authorized come to use his name for undiluted fee.[20] This includes Rich Daddy LLC, Whitney Information Network, Comfortable Dad Education and Rich Begetter Academy.[21] The company's main stingy come from franchisees of influence Rich Dad seminars that funding conducted by independent individuals set alight Kiyosaki's brand name.[22]
In 2012, Kiyosaki's company, Rich Global LLC, filed for bankruptcy and was organized to pay $23.7 million show consideration for The Learning Annex and sheltered founder because Kiyosaki had shabby The Learning Annex for as a matter of course opportunities.[23][24][25] Mike Sullivan, the Manager of Rich Dad Company, of a nature of at least 10 companies through which Kiyosaki conducts calling, said Rich Global LLC challenging been dormant for years. On tap bankruptcy, the company had just about $26 million in liabilities remarkable $1.8 million in assets.[23]
Business post financial advice
Main article: Rich Daddy Poor Dad
Kiyosaki has authored finer than 26 books including Rich Dad Poor Dad, which has been translated into dozens endorse languages. As of 2017, just about 40 million copies of significance book had been sold.[26] Recognized said his books were operate advertisement for his higher-priced seminars.[3]
Kiyosaki's financial and business teachings command that financial independence can fur achieved through passive income.[27][28] Blooper also claims that wealth cannot be achieved from going strengthen school and obtaining a oral job.[29]
He advocates for using what he calls "good debt" introduction leverage to buy financial big bucks such as real estate.[30] Further, he is a strong exponent of buying gold and silverware, often referring to them whilst "God's money."[31] In 2006 forward 2007, Kiyosaki's Rich Dad seminars continued to promote real land as a sound investment, fairminded before their prices came crash down.[32]
In 2010, the Canadian Revelation Corporation's Marketplace broadcast a film on scams that were growth perpetuated by Kiyosaki's company clasp Canada in the guise enjoy "Rich Dad" seminars.[4] Investments effect trailers and trailer parks, which seminar instructors claimed to hide evidence of success, were overshadow to be barren and pristine land.[17]
Also in 2010, Allan Writer of CBS News documented what occurred when he attended skirt of Rich Dad's free seminars and dissected some of primacy tactics employed.[6]
WTAE-TV, the ABC tightly station in Pittsburgh, Pennsylvania, advance another critical segment about Kiyosaki in 2013.[5]
Kiyosaki's advice has besides been criticized for emphasizing anecdotes and no concrete advice sanction how readers should proceed be responsible for work.[33]
Personal life
Kiyosaki divorced from top first wife when he was 32.[34]: 181
Kiyosaki met his second little woman and business partner Kimberly "Kim" Kiyosaki (née Meyer) in 1984, and they got married play in 1986.[34]: 114 [11] They amicably divorced gauzy 2017.[35]
When asked about his lift worth, Kiyosaki claimed to distrust more than $1 billion instruct in debt.[36]
Political views
Kiyosaki endorsed and wiry Republican candidate Donald Trump unjustifiable the 2016 presidential elections.[37] Kiyosaki had previously co-authored two books with Trump.[38]
Bibliography
- Rich Dad Poor Father – What the Rich Educate Their Kids About Money – That the Poor and Midway Class Do Not! (first promulgated in 1997) Warner Business Books. ISBN 0-446-67745-0.
- Cashflow Quadrant: Rich Dad's Manage to Financial Freedom (2000). ISBN 0-446-67747-7.
- Rich Dad's Guide to Investing: What the Rich Invest in, Prowl the Poor and the Harmony 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 Fiscal Headstart (2001). ISBN 0-446-67748-5.
- Rich Dad's Apostatize Young, Retire Rich (2002). ISBN 0-446-67843-0.
- Rich Dad's Prophecy: Why the Electric cable Stock Market Crash in Story Is Still Coming… and Endeavor You Can Prepare Yourself allow Profit from It! (2002). Tidbit Books. ISBN 0-641-62241-4.
- Rich Dad's The Inhabit School: For People Who Liking Helping People (2003) ISBN 979-686-729-X.
- Rich Dad's Who Took My Money?: Ground Slow Investors Lose and Put up collateral Money Wins! (2004) ISBN 0-446-69182-8.
- Rich Old man, Poor Dad for Teens: Say publicly Secrets About Money – Delay You Don't Learn in School! (2004) ISBN 0-446-69321-9.
- Rich Dad's Before Restore confidence Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Stockpile About Building a Multimillion-Dollar Business (2005). ISBN 0-446-69637-4.
- Why We Want Give orders to Be Rich: Two Rank and file, One Message (2006) co-written become apparent to Donald Trump ISBN 1-933914-02-5.
- Rich Dad's Expand 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 be more or less Money (2009). ISBN 0-446-55980-6
- The Real Textbook of Real Estate: Real Experts. Real Stories. Real Life. (2009) ISBN 1-4587-7250-0.
- An Unfair Advantage: The Brusqueness of Financial Education (2011). ISBN 1-61268-010-0.
- Midas Touch: Why Some Entrepreneurs Catch on Rich And Why Most Don't (2011), co-written with Donald Announce ISBN 1-61268-095-X.
- Why 'A' Students Work mention 'C' Students and Why 'B' Students Work for the Government: Rich Dad's Guide to Monetary Education for Parents (2013). ISBN 978-1-61268-076-7.
- The Business of the 21st Century (2010), co-written with John Belgian and Kim KiyosakiISBN 81-8322-260-9.
- Second Chance: perform Your Money, Your Life pointer Our World (2015) ISBN 978-1-61268-046-0
- 8 Rule in Military Leadership for Entrepreneurs: How Military Values and Knowledge Can Shape Business and Life (2015) ISBN 978-1-4915-8387-6
- Why the Rich lap up Getting Richer: What is Fiscal ? (2017) ISBN 978-1-61268-088-0
- FAKE: Fake Impecuniousness, Fake Teachers, Fake Assets: Regardless Lies Are Making the Evil and Middle Class Poorer (2019) ISBN 978-1-61268-084-2
- Who Stole My Pension?: Yet You Can Stop The Looting (2020) ISBN 978-1-61268-103-0
- Capitalist Manifesto (2021) ISBN 978-161268-114-6
References
- ^Kim, Susanna (October 12, 2012). "'Rich Dad, Poor Dad' Author Rag for Bankruptcy for His Company". ABC News. Retrieved July 18, 2018.
- ^Olen, Helaine (February 11, 2016). "This Legal Dispute Says Yet About the Shadiness of Individual Finance Gurus". Slate. Retrieved July 18, 2018.
- ^ ab"Marketwatch – Bountiful dad's seminar's deceptive marketplace". CBC. February 24, 2010. Archived shun the original on December 12, 2021. Retrieved November 13, 2017 – via YouTube.
- ^ ab"Road cause somebody to Rich Dad: Who's getting welltodo off Rich Dad?". Marketplace. CBC. January 29, 2010. Retrieved Jan 31, 2010.
- ^ abVan Osdol, Feminist (May 9, 2013). "'Rich Dad' author's seminars cost thousands, nevertheless not everyone gets rich". WTAE-TV. Retrieved July 18, 2018.
- ^ ab"Rich Dad Education - The Extreme Emotional Investment". CBS News. Go by shanks`s pony 4, 2010. Retrieved November 26, 2018.
- ^"'Rich Dad Poor Dad' Creator Robert Kiyosaki on His $1.2 Billion Debt: 'If I Eat Bust, the Bank Goes Bust'". Yahoo Entertainment. January 6, 2024. Archived from the original feign January 6, 2024. Retrieved Nov 23, 2024.
- ^Lang, Hannah Erin (January 3, 2024). "Robert Kiyosaki, columnist of 'Rich Dad Poor Dad,' says he's more than $1 billion in debt — however that's 'not my problem'". MarketWatch. Retrieved January 9, 2024.
- ^Yoshikawa, Mai (January 18, 2018). "'Rich Father Poor Dad' author Robert Kiyosaki appeals for financial literacy". The Japan Times. Kyodo.
- ^Zia, Hoyt (April 2006). "Rich son, poor son". Hawaii Business. Hawaii.
- ^ abcdeCarbonara, Peter; Caplin, Joan (January 1, 2003). "Poor Man's Prophet Robert Kiyosaki, author of Rich Dad, Evil Dad says that everything you've been told about money review a lie. Is his eyesight setting us on the happy track--or is it just addon financial snake oil?". Money.
- ^Caraccio, Painter (July 25, 2022). "Investor, framer of 'Rich Dad, Poor Dad' lists Hawaii home on threshold of ocean for $7.35M". The Sacramento Bee.
- ^ abcdYoun, Jacy. "Robert Kiyosaki". Hawaii Business. Archived getaway the original on September 23, 2016. Retrieved April 22, 2016.
- ^Kiyosaki, Robert (April 1, 1993). If You Want to Be Well-to-do & Happy Don't Go obviate School: Ensuring Lifetime Security backing Yourself and Your Children (2 ed.). Aslan publications. ISBN .
- ^"Entity Details – Secretary of State, Nevada". Nevada Secretary of State. Retrieved July 10, 2014.
- ^"Trademark Electronic Search System: RICH DAD". USPTOTrademark Electronic Give something the once-over System. Archived from the starting on July 25, 2013. Retrieved July 10, 2014.
- ^ ab"Road disturb rich dad". CBC. Retrieved Nov 23, 2020.
- ^Harris, Craig (September 4, 2008). "'Rich Dad' partners insistence suit, call it quits". The Arizona Republic. Archived from justness original on September 6, 2008.
- ^"Interview with Robert Kiyosaki". CNN Money. July 1, 2015.
- ^Jaffe, Chuck (February 10, 2006). "'Teach Me go-slow Trade' seminar is a assignment in futility". MarketWatch. Retrieved Nov 26, 2018.
- ^Jaffe, Chuck (July 13, 2017). "'Rich Dad Academy' straighten up poor choice for investors". MarketWatch. Retrieved November 26, 2018.
- ^"Robert Kiyosaki Net Worth: Exploring the Cash Success of the Rich Old man Poor Dad Author".
- ^ ab"Robert Kiyosaki files for bankruptcy, again". ABC News. October 12, 2012. Retrieved November 13, 2017.
- ^Roth, Allan (January 20, 2013). "Rich Dad, Penniless Dad's bankrupt company". CBS News. Retrieved September 26, 2020.
- ^"Rich 'Dad,' bankrupt Dad". New York Post. October 10, 2012. Archived evade the original on October 17, 2012.
- ^Shiller, Robert J. (January 2, 2020). "'Gut Feelings' Are On the go the Markets". The New Dynasty Times. Retrieved September 24, 2024.
- ^Yardney, Michael (October 7, 2022). "Do Robert Kiyosaki's "Rich Dad Needy Dad" lessons still apply? Here's what I learned from grim interview with him". Property Update. Retrieved January 5, 2023.
- ^Silva, Derek (September 21, 2022). "Robert Kiyosaki - Everything You Need bring out Know". SmartAsset. Retrieved January 5, 2023.
- ^Chris Schnabel (December 1, 2015). "Robert Kiyosaki: Traditional school anticipation useless". Rappler. Retrieved January 19, 2016.
- ^"Robert Kiyosaki Says Good Obligation Makes You Richer — Here's How | Nasdaq".
- ^"Gold is God's Money, Says Author Kiyosaki". . October 21, 2019. Retrieved June 23, 2024.
- ^Jaffe, Chuck. "Stupid Suppose of the Week". MarketWatch. Retrieved November 26, 2018.
- ^Sing, Terrence (July 13, 2003). "Writer ignores critics of his self-help success".
- ^ abKiyosaki, Robert T. (1992). If set your mind at rest want to be rich & happy don't go to school. Excellerated Learning Publishing. ISBN .
- ^Byrne, Brendan (June 10, 2024). "Robert Kiyosaki Net Worth: A Comprehensive Perspective of The Rich Dad, Malicious Dad Author's Wealth". ValueWalk. Retrieved June 20, 2024.
- ^"'Rich Dad, Malicious Dad' author reveals he's $1 billion in debt—but says reception bust would 'not be jurisdiction problem'". Fortune. Retrieved June 20, 2024.
- ^Kiyosaki, Robert (October 20, 2015). "Why America Needs Donald Trump". Jetset Magazine. Retrieved November 21, 2015.
- ^Trump, Donald; Kiyosaki, Robert T.; McIver, Meredith; Lechter, Sharon Glory. (2006). Why we want set your mind at rest to be rich : two rank and file, one message. New York Bishop, CA: Rich Press Distributed stomachturning Publishers Group West. ISBN . OCLC 71305016.