Approximately $110 Million is Robert Kiyosaki’s net worth as of October 2022. Robert Toru Kiyosaki is a Hawaiian-born American businessman and novelist.
Rich Global LLC and the Rich Dad Company were founded by Robert Kiyosaki. He is also the designer of the Cashflow board and digital games, which teach business and financial principles to adults and children.
Robert Kiyosaki Net Worth Growth
- Net Worth in 2022 $110 Million
- Net Worth in 2021 $100 Million
- Net Worth in 2020 $90 Million
- Net Worth in 2019 $80 Million
- Net Worth in 2018 $70 Million
- Net Worth in 2017 $60 Million
Robert Kiyosaki was born in Hilo, Hawaii, on April 8, 1947. Kiyosaki was descended from Japanese Americans. The fact that his father was a teacher and instructor enabled young Kiyosaki to attend better educational institutions.
After completing his secondary studies at Hilo High School, Kiyosaki enrolled at the U.S.S. Merchant Marine Academy in New York.
After completing his education, Kiyosaki began working on merchant ships, which enabled him to explore the globe. These travels introduced him to other cultures and lifestyles.
These journeys had a tremendous effect on Kiyosaki as he experienced the extremes of poverty that people around the world faced.
During the Vietnam War in 1972, Kiyosaki was a helicopter gunship pilot. Later, he was given the Air Medal. From 1974 until 1978, he worked as a salesman for the Xerox Corporation selling photocopiers. He established his own business, which introduced nylon and Velcro to the market.
Together, Sharon Lechter and Robert Kiyosaki co-wrote the first edition of “Rich Dad, Poor Dad.” They were unable to find a publisher for the work, so they decided to publish it themselves.
After three years of retirement, he returned and founded Cashflow Technologies Inc., a business and financial education organization. Co-owners of the business are his wife, Kim Kiyosaki, and co-author Sharon Lechter.
In 2010, he appeared on The Alex Jones Show, where he disclosed his wealth, which consisted of large residential complexes, hotels, and golf courses. He is also the leader and investor of oil drilling activities, oil wells, and a solar enterprise in its infancy.
Robert Kiyosaki’s net worth is $110 Million as of October 2022.
Rich Dad Poor Dad
Originally self-published, the book has sold more than 32 million copies. After gaining traction, major publishers acquired the book, and it remained on the New York Times Best Sellers list for over six years. The Oprah Winfrey Show also increased sales once the book was referenced by its host. The book unquestionably launched Robert Kiyosaki’s career in earnest, bringing him acclaim and financial fortune.
The book is about two fathers, one of whom is impoverished while the other has amassed a fortune via shrewd investments and enterprise. Robert Kiyosaki later acknowledged that the “rich dad” is a fictional character, whereas the “poor dad” is purportedly based on his actual father. Rich Dad Poor Dad imparts a number of financial lessons, particularly those pertaining to real estate and entrepreneurship.
The book was financially successful despite being condemned for numerous reasons. The most obvious problem is that none of Kiyosaki’s financial success stories have been documented. No one has been able to demonstrate that Kiyosaki was genuinely responsible for the kind of financial success he describes in this book.
In addition, the work has been attacked for being excessively ambiguous and making fun of American culture. Since then, Robert Kiyosaki has maintained that the book was not intended to be a financial success manual, but rather a motivational tool.
After Rich Dad Poor Dad, Kiyosaki published numerous further works. These include Cashflow Quadrant: Rich Dad’s Guide to Financial Freedom and Why We Want You to Be Rich: Two Men, One Message, co-authored with Donald Trump. Kiyosaki has authored almost a dozen novels in total.
In addition to publishing books, seminars are the primary emphasis of Robert Kiyosaki’s business approach. Typically, other professionals deliver these seminars using a franchise-like model. Other seminars may cost hundreds or even tens of thousands of dollars.
Over the years, Robert Kiyosaki has faced substantial criticism. Many have complained that his seminars lack actual information. Additionally, Robert Kiyosaki has been interested in multi-level marketing. Some of his books and seminars supported dubious or even unlawful behavior, such as insider trading and dropping out of school. His organization also suggested real estate investments in 2007, just prior to the 2008 economic downturn.
After a series of class-action lawsuits, Kiyosaki’s company went bankrupt in 2012. His company was sued by seminar attendees who believed they were duped. Additionally, his company was sued due to royalties disputes. Kiyosaki chose bankruptcy after a court defeat left the company in poor condition.
Early Education Companies
The Excellerated Learning Institute was Robert Kiyosaki’s first venture into the realm of education. It was Robert’s first attempt at business education, but the company also emphasized social responsibility education. The business was founded by the entrepreneur in 1985 and sold in 1994.
In the mid-1990s, Kiyosaki began to construct the education empire that would lead to his wealth. It began with the release of his first book If You Want to Be Rich and Happy, Don’t Attend School.
As the title suggests, the book was critical of college education as a path to success and urged readers to instead pursue a career in real estate. At this time, Robert and his second wife were deeply invested in their own real estate.
In 1997, when he launched Cashflow Technologies, Inc., Kiyosaki reached the pinnacle of his progress. This was the financial education company that would own and operate, among others, the Rich Dad brand. Robert Kiyosaki published his most renowned book, Rich Dad Poor Dad, in the same year.
Robert Kiyosaki has a very extensive educational background. He has completed his elementary education at Hilo High School. He attended the University of Merchant Marine Academy later on. There, he earned a bachelor’s degree in Science. Later, he attended the University of Hawaii at Hilo for an MBA but shortly dropped out.
Frequently Asked Questions
What is Robert Kiyosaki’s net worth?
Robert Kiyosaki’s estimated net worth is $100 million.
What is Robert Kiyosaki’s age?
Robert Kiyosaki was born on April 8, 1947, and is 75 years old at this time.
What is Robert Kiyosaki’s height?
Robert Kiyosaki’s height is 1.70 meters, or 5 feet and 7 inches.
Robert Kiyosaki is a remarkable individual who has achieved enormous success and reputation despite all obstacles. His early years were marked by challenges and setbacks. His initial company failed, and he worked at multiple locations. Nevertheless, his desire to work and work ethic always kept him in the race.
After the publication of his first book, Robert Kiyosaki achieved considerable success and fame. He is currently a well-known millionaire in America.