adminIn this article, we will be discussing the net worth of 80-year-old businessman and entrepreneur Robert Kiyosaki. He is an American investor and motivational speaker who has a total estimated wealth of $100 million at the time of writing. With that in mind, let’s get into his life story!
Robert Kiyosaki is an American entrepreneur, investor, author and motivational speaker. He has a net worth of $100 million.
Have you ever wondered what Robert Kiyosaki’s net worth is? Kiyosaki has done it all as an investor, businessman, author, and motivational speaker.
Kiyosaki is most known for his Dad is a wealthy man. Dad is in such a bad situation. series of books, but he has amassed eternal fortune via his lifetime adventure of investment, speaking engagements, and real estate.
His seminars, which he conducts for those who pay to utilize the Rich Dad brand name for marketing purposes, account for the bulk of his earnings. Robert Kiyosaki currently has a net worth of $100 million after all of his achievements as of March 2022. In this article, we’ll look at how he came to be so wealthy.
Early Years
On April 8th, 1947, in Hilo, Hawaii, Robert Kiyosaki was born to Ralph and Marjorie Kiyosaki. Because his father was a Ph.D. professor and teacher, young Kiyosaki was able to attend prestigious schools.
He went to Naval College after graduating from high school in 1965. He eventually joined the US Marine Corps and served in Vietnam from 1972 to 1973 as a helicopter gunship pilot.
According to Kiyosaki, his service as a U.S. Marine provided him the character fortitude he needed to thrive in business.
Following his service in Vietnam, Kiyosaki went to college in Hilo, Hawaii, where he got his MBA. He worked for Xerox as a sales associate after obtaining his MBA until 1978, when he founded his own company.
Failed Business Attempts by Robert Kiyosaki
Rippers, Robert Kiyosaki’s first business, was a nylon/velcro wallet manufacturer. These wallets were among the first of their sort, and they were featured in publications such as Runner’s World, Success Magazine, Newsweek, and Playboy. Despite this, the firm finally went bankrupt.
His second effort was to offer Rock Band merch such as t-shirts, wallets, and caps. The firm went insolvent once more. Following those two unsuccessful efforts, Kiyosaki turned his attention to schooling.
The First Taste Of Success For Robert Kiyosaki
Kiyosaki co-founded the Excellerated Learning Institute in 1985, which taught entrepreneurship, investment, and social responsibility. This was his first business success, and it enabled him to begin investing in real estate. Kiyosaki sold the firm in 1994.
Kiyosaki took advantage of his business success and utilized it to launch his first book, Don’t Go to School if You Want to Be Rich and Happy.
The book criticized college education, claiming that it did not lead to success. Instead, Kiyosaki advised his readers to become engaged in real estate investment.
The turning moment occurred in 1997, when Kiyosaki launched Cashflow Technologies, Inc. The Rich Dad brand would be owned and operated by this financial education firm. Kiyosaki’s most renowned book, Rich Dad, Poor Dad, was released the same year.
Dad is a wealthy man. Dad is in such a bad situation.
Dad is a wealthy man. Dad is in such a bad situation. is now one of the best selling business books with over 40 million copies sold.
For nearly six years, the book was on the New York Times Best Sellers list, and it was even mentioned on the Oprah Winfrey Show. Without a question, the book catapulted Robert Kiyosaki’s career to new heights, bringing him recognition and fortune.
The book, Dad is a wealthy man. Dad is in such a bad situation., highlights the differences between Kiyosaki’s lessons growing up by his 2 “dads” on money. His “rich dad” was the father of a best friend, while his “poor dad” was his biological father. Robert describes how they viewed money and personal finance differently and how it ultimately shaped their careers and lives.
You can find a comprehensive review of the book, as well as a video review, on our article about it here.
The book was well-received. Despite the fact that it was widely panned, it enabled him to produce subsequent publications such as Cashflow Quadrant: Rich Dad’s Guide to Financial Freedom. It also enabled him to collaborate with Donald Trump on a book titled Why We Want You to Be Rich: Two Men, One Message.
2022 Robert Kiyosaki Net Worth
Robert Kiyosaki has a net worth of $100 million as of March 2022. Kiyosaki’s business strategy has altered to rely mostly on seminars, in addition to royalties from his book. Under the Rich Dad brand, these workshops are frequently delivered by different specialists. These lectures may vary in price from free to tens of thousands of dollars.
Important Points to Remember:
Failure is not the antithesis of success; it is an integral part of it: Kiyosaki’s first business success didn’t come until he was 38 years old. He had had several setbacks before to that point, but he never gave up. Many individuals are frightened of failing that they never begin. They believe they will never be successful if they fail. Failure, on the other hand, is not the polar opposite of success. It’s a component of the package.
To establish a company, you don’t need to be an expert: Before co-founding the Excellerated Learning Institute, Kiyosaki had never had a profitable company. Some may believe that this qualifies him as a con artist, but consider this. Professors of finance do not have to be millionaires. Coaches are not need to have participated in the sport. You can’t tell someone how to accomplish something just because you didn’t do it yourself.
It’s all about your reputation: Over the years, Kiyosaki has gotten a great deal of criticism. After a series of class-action lawsuits, Kiyosaki’s firm went bankrupt in 2012. Attendees at his lectures sued his firm, believing they had been duped. Some of his publications and seminars have endorsed dubious practices including insider trading and dropping out of college. “It takes 20 years to create a reputation and five minutes to destroy it,” Warren Buffett stated. You’ll do things differently if you think about it.”
Robert Kiyosaki is a highly successful entrepreneur. He has been able to build up a net worth of $100 million. Reference: richard kimi net worth.
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