Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author, best known for his Rich Dad Poor Dad series of personal finance books. Here are some key points about his life and career:
Early Life and Family:
Kiyosaki was born in 1947 in Hilo, in the American Territory of Hawaii, into a family of Japanese descent1.
His father, Masaru Kiyosaki, was a doctor. After his father’s death, Robert developed a new perspective on business and finance.
Business Career:
In 1977, Kiyosaki founded a company called “Rippers,” which marketed nylon and Velcro wallets. Unfortunately, the company went bankrupt.
He then worked as a sales associate for Xerox until June 1978.
In 1993, Kiyosaki published his first book, If You Want to Be Rich and Happy, Don’t Go To School, where he encouraged parents not to send their children to college but instead consider real estate investments.
In 1997, he launched Cashflow Technologies, Inc., which owns and operates the Rich Dad and Cashflow brands. Kiyosaki created board games and software to educate adults and children about business and financial concepts.
Other Ventures and Investments:
Kiyosaki operates through several companies, including Rich Dad LLC, Whitney Information Network, Rich Dad Education, and Rich Dad Academy.
His main revenues come from franchisees conducting Rich Dad seminars using his brand name.
However, in 2012, his company Rich Global LLC filed for bankruptcy and was ordered to pay nearly $24 million to The Learning Annex and its founder.
Authorship:
Kiyosaki has authored more than 26 books, with Rich Dad Poor Dad being the most famous. It has been translated into 51 languages and sold over 41 million copies worldwide1.
In summary, Robert Kiyosaki’s work has had a significant impact on personal finance education, encouraging people to think differently about money and investments.#EarnFreeCrypto2024 #learntoearnmay #altcoins #BinanceLaunchpool #PEPE
