Robert Kiyosaki Net Worth: Age, Books, Children, & Income Source
Robert Kiyosaki net worth is $1 billion. Despite this financial challenge, Robert has earned his wealth through various ventures, primarily from his Rich Dad Poor Dad series of books and financial education programs. As the founder of Rich Dad Company, he has generated income through book sales, seminars, and partnerships.
Kiyosaki’s approach to financial education, emphasizing real estate, business, and leveraging debt, has earned him a substantial following. While his financial path has been turbulent, his influence in the world of personal finance remains strong, making him a prominent figure in the industry.
Robert Kiyosaki Wiki
| Full Name | Robert Toru Kiyosaki |
| Gender | Male |
| Profession | Investor, businessman, author, motivational speaker, financial commentator |
| Net Worth | $100 million |
| Date of Birth | April 8, 1947 |
| Place of Birth | Hilo, Territory of Hawaii |
| Age | 77 years old |
| Zodiac Sign | Aries |
| Nationality | American |
| Education | Graduated from high school in 1965, attended Naval College, earned an MBA |
| Father | Ralph Kiyosaki |
| Mother | Marjorie Kiyosaki |
| Siblings | 3 |
| Spouse | Kim Kiyosaki (1986 to 2017) |
| Kids | N/A |
Robert Kiyosaki Net Worth
Robert Kiyosaki net worth is $100 million. He became famous for his book “Rich Dad Poor Dad”, which has sold over 32 million copies worldwide. This book helped him build a successful career as an author, motivational speaker, and financial educator.
Kiyosaki has made money through his books, seminars, and his business ventures. He is the founder of Cashflow Technologies, Inc., which operates the Rich Dad brand. The book and his seminars focus on financial literacy, investing, and real estate.
Despite facing some criticism, including company bankruptcy in 2012 and issues with some of his seminars, Kiyosaki’s influence in the personal finance world remains strong. His total net worth reflects his ongoing success in the field of financial education.
Robert Kiyosaki Net Worth Growth Rate
Here’s a table illustrating the estimated growth rate of Robert Kiyosaki’s net worth over the years:
| Year | Net Worth |
| 1997 | $1 million |
| 2005 | $10 million |
| 2010 | $50 million |
| 2015 | $75 million |
| 2020 | $90 million |
| 2024 | $100 million |
Robert Kiyosaki Major Income Sources
Robert Kiyosaki’s income comes from several sources:
Book Sales
Kiyosaki’s book sales are a major income source. His “Rich Dad Poor Dad” book alone sold over 32 million copies worldwide. His total book sales exceed 41 million copies across 26 books.
These publications focus on financial literacy and have made him a household name in personal finance. His books often remain on best-seller lists, boosting his wealth significantly over the years.
Business Ventures
Robert Kiyosaki founded Cashflow Technologies, Inc. in 1997. This company owns and operates the Rich Dad brand and other educational products. He also sells related board games like Cashflow 101.
These business ventures, especially his company’s educational tools, contribute to his ongoing income stream and overall wealth, adding to his $100 million net worth.
Seminars and Workshops
Kiyosaki earns from seminars that promote financial education. Some seminars are free, while others cost hundreds to thousands of dollars. The Rich Dad brand operates a franchise-like system where experts conduct these seminars, teaching attendees about investing and real estate. Despite criticism, seminars remain a key part of Kiyosaki’s business, generating a significant portion of his income.
Real Estate Investments
Kiyosaki’s personal investment in real estate plays a major role in his wealth growth. He has always emphasized the importance of real estate for achieving financial independence.
His real estate portfolio has been an ongoing source of income, with a particular focus on rental properties and other high-return investments. This is a key aspect of his wealth-building philosophy, which he often promotes in his books and seminars.
Online Courses
Kiyosaki also offers online courses that teach people how to build wealth. These courses cover topics such as financial education, investing, and entrepreneurship. They are marketed under the Rich Dad brand and generate substantial income through digital sales and subscriptions.
By diversifying his educational approach, he has tapped into the growing online learning market, expanding his income streams.
Robert Kiyosaki Age
Robert Kiyosaki was born on April 8, 1947, which makes him 77 years old as of 2024. Over his long life, he has built a successful career as an author, businessman, and motivational speaker.
Despite his age, Kiyosaki remains active in the world of financial education, continuing to write books, conduct seminars, and promote financial literacy. His experience and knowledge of money management have helped him stay relevant in the personal finance industry for many decades.
Robert Kiyosaki’s Background and Early Years
Robert Kiyosaki was born on April 8, 1947, in Hilo, Hawaii. He comes from a Japanese-American family. His father, Ralph Kiyosaki, was an educator and held important positions, including being the superintendent of schools in Hawaii.
His mother, Marjorie Kiyosaki, was a nurse. Kiyosaki had a challenging time in school and almost got expelled from Hilo High School due to poor grades. Despite these early struggles, he would later become a well-known businessman and author.
Robert Kiyosaki’s Education Background and Early Career
After high school, Robert Kiyosaki attended Naval College and later joined the U.S. Marine Corps, where he served as a helicopter gunship pilot during the Vietnam War from 1972 to 1973.
After his military service, he continued his education in Hilo, Hawaii, earning an MBA. This academic foundation helped him take his first steps into the business world and would shape his future ventures into entrepreneurship and financial education.
Robert Kiyosaki’s Career Development
Robert Kiyosaki’s career journey has been marked by a mix of entrepreneurial ventures, financial education, and controversial business practices.
- 1977: Kiyosaki started his first business, Rippers, selling nylon and Velcro wallets. The business failed and went bankrupt. He then worked as a sales associate for Xerox until 1978.
- 1980s: Kiyosaki became a motivational speaker and began running a course called Money and You. The course, created by Marshall Thurber, was transferred to Kiyosaki and D.C. Cordova in 1984. They expanded it internationally, including to Australia, where it gained tens of thousands of students.
- 1993: Kiyosaki published his first book, If You Want to Be Rich and Happy, Don’t Go to School, where he advised against traditional college education and encouraged real estate investments.
- 1997: He founded Cashflow Technologies, Inc., which owns the Rich Dad and Cashflow brands. He also created Cashflow board and video games to teach financial education.
- 2008: Kiyosaki settled a lawsuit with his former business partner Sharon Lechter. She accused him of redirecting business assets, but the matter was settled with an undisclosed sum, ending their 10-year partnership.
- 2012: His company Rich Global LLC filed for bankruptcy, with liabilities of $26 million and assets of only $1.8 million. The bankruptcy stemmed from a dispute with The Learning Annex.
- Books and Seminars: Kiyosaki has written more than 26 books, including his best-seller Rich Dad Poor Dad, which has sold nearly 40 million copies worldwide. His financial advice centers on passive income, good debt, and investments in real estate, gold, and silver.
- Criticism: Kiyosaki’s business seminars and advice have faced criticism for promoting unrealistic investment schemes. A 2010 CBC documentary uncovered issues with the Rich Dad seminars, exposing some of Kiyosaki’s real estate investments as poor and unprofitable. Critics argue his advice lacks concrete steps for success.
Robert Kiyosaki Company
Robert Kiyosaki has been involved in several companies throughout his career. Some of the notable ones include:
- Rich Dad Company: Founded by Kiyosaki, this company provides financial education through books, games, and seminars. It is best known for the “Rich Dad Poor Dad” series of personal finance books.
- Cashflow Technologies, Inc.: Founded in 1997, this company owns and operates the Rich Dad and Cashflow brands, which aim to educate people about business and finance.
- Rich Dad LLC: A key part of Kiyosaki’s business, it focuses on educational seminars and franchises under the Rich Dad brand.
- Rich Dad Education: Offers financial education through seminars and courses to help individuals achieve financial freedom.
- Rich Dad Academy: A subsidiary that provides educational programs and financial training.
Kiyosaki has also had dealings with other companies, such as Whitney Information Network and Rich Global LLC, though his involvement with these companies has been marked by legal disputes and bankruptcy filings.
Robert Kiyosaki Books
Robert Kiyosaki is a prolific author, known for his financial education books. Here are some of his most notable works:
- Rich Dad Poor Dad (1997): Kiyosaki’s most famous book, focusing on the differences in mindset between the “rich dad” and the “poor dad.” It emphasizes the importance of financial literacy, investing, and passive income.
- Cashflow Quadrant (1998): This book introduces the concept of the four types of people who make up the Cashflow Quadrant—Employees, Self-Employed, Business Owners, and Investors—and explains how to transition from one quadrant to another.
- Rich Dad’s Guide to Investing (2000): A guide to building wealth through smart investments, this book provides insights into how the rich approach investing differently from the middle class and the poor.
- Rich Dads Increase Your Financial IQ (2008): Focuses on the five key areas of financial education—earning, saving, investing, managing money, and protecting wealth.
- The Real Book of Real Estate (2009): Kiyosaki shares lessons from his personal experiences in real estate investing and how others can use the same principles to build wealth.
- Why “A” Students Work for “C” Students and “B” Students Work for the Government (2013): This book critiques traditional education and promotes alternative learning for financial success.
- The Business of the 21st Century (2010): A book promoting network marketing as a viable business opportunity for financial freedom.
Kiyosaki has written more than 26 books, many of which focus on achieving financial freedom through smart investing, entrepreneurship, and financial education. His works have sold millions of copies worldwide.
Robert Kiyosaki’s Family Background and Early Influences
Robert Kiyosaki was born in 1947 in Hilo, Hawaii, to a family of Japanese descent. His father, Ralph Kiyosaki, was an educator and held important positions, including Hawaii’s superintendent of schools. He even ran for lieutenant governor as a Republican. His mother, Marjorie Kiyosaki, worked as a nurse.
Kiyosaki had siblings, but specific details about them are not widely mentioned. His early life in a family with strong educational values influenced his later thoughts about schooling and financial independence.
Robert Kiyosaki Wife
Robert Kiyosaki was married once before his current relationship. He divorced his first wife when he was 32 years old. Details about his first wife or their relationship are not widely known, but it is clear that their marriage ended prior to his second marriage in the 1980s.
Robert Kiyosaki’s second wife is Kimberly “Kim” Kiyosaki (née Meyer). They met in 1984 and married in 1986. Kimberly has been an important part of his business ventures, particularly with the Rich Dad brand. She is also a businesswoman and financial educator. The couple divorced in 2017, but they continued to work together in their business efforts even after their separation.
Robert Kiyosaki’s Children
Robert Kiyosaki does not have any children with his second wife, Kimberly Kiyosaki. There is no public information about him having children from any other relationships. The couple has focused on their business ventures, particularly in financial education, rather than raising a family.
Robert Kiyosaki’s YouTube Channel
Robert Kiyosaki’s YouTube channel, The Rich Dad Channel, is a major platform for financial education, boasting 3.4 million followers. It was launched on September 19, 2008, and has since posted 1,211 videos. The channel provides valuable content on wealth-building, investing, and personal finance, much like the principles found in Kiyosaki’s famous book, Rich Dad Poor Dad.
The videos include advice on real estate, financial independence, and leveraging assets to create passive income. The channel helps viewers understand Kiyosaki’s business philosophy and strategies, offering practical financial education for everyday people.
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FAQs
Q. What is Rich Dad Poor Dad about?
It is a personal finance book that contrasts the financial philosophies of Kiyosaki’s “rich dad” and “poor dad” to emphasize financial education and investment.
Q. How many books has Robert Kiyosaki written?
Robert Kiyosaki has written more than 26 books, including the popular Rich Dad series.
Q. What are some key business ventures of Robert Kiyosaki?
Kiyosaki founded Cashflow Technologies, Inc., created the Cashflow board game, and operated several companies under the Rich Dad brand.
Q. Is Robert Kiyosaki married?
Yes, Robert Kiyosaki was married to Kimberly “Kim” Kiyosaki, with whom he also worked as a business partner. They divorced in 2017.
Q. Is Robert Kiyosaki a billionaire?
No, Robert Kiyosaki is not a billionaire. In fact, he has claimed to be over $1 billion in debt as of 2024. Despite this, his influence in personal finance and his business ventures have made him a well-known figure.
