Robert Kiyosaki the millionaire businessman contrasts that the current U.S. pension scheme is going to be the next global Lehman. It was a reference to the 2008 collapse of the Lehman Brothers investment bank.
The investment bank filed for bankruptcy at a time when it had assets worth 691 billion US Dollars.
It is considered as the largest ever bankruptcy in American corporate history. The present situation of the U.S. local and state pensions has a 1.4 trillion US Dollars shortcoming.
Kiyosaki said that people who own gold, silver, and Bitcoin would get richer when the Fed, Treasury, and Wall street pivot print trillions of fake dollars. He predicted that the biggest losers would be the fake money savers.
Robert Kiyosaki: Business Ventures
Kiyosaki claims that the 1974 Erhard EST seminars he attended were a life changer in his life. In 1977 he founded a company named as Rippers. Apparently, the company declared bankruptcy.
Following that, until the following year, he took a job working as a sales associate at Xerox Holdings Corporation, a U.S. corporation that sells products of print and digital documents and offers services in the same field.
In 1997 he founded a company named as Cashflow Technologies Inc as a financial and business education company.
Cashflow Technologies owns the brands Rich Dad, and Cashflow. Both are brands established by Kiyosaki himself. The brands focus on the publicizing of many series of games and enlightening and educational books that emphasize on personal finance.
Robert Kiyosaki’s Net Worth
As per the latest data available Robert Kiyosaki is assumed to have a net worth estimated to be around 100 million US Dollars. His main source of revenue generation is from the Rich Dad seminar franchises.
He had earlier viewed that the best assets that a man can ever have in terms of finance are gold, silver, and Bitcoin.
Robert Kiyosaki: Personal Life
Robert Toru Kiyosaki was born on April 8 in Hilo which was then a part of the Territory of Hawaii. He is 75 years old.
He was born to Ralph H. Kiyosaki and Marjorie O. Kiyosaki.Kiyosaki went to Hilo High School.
He graduated with a Bachelor of Science from the United States Merchant Marine Academy from the University of Hawaii in Hilo.
Robert Kiyosaki is married to Kim Kiyosaki, with whom he co-founded The Rich Dad Company. The couple met back in Hawaii when Robert instantly fell in love with her. Kiyosaki has three siblings named Emi Kiyosaki, Beth Kiyosaki, and John Kiyosaki.
Robert Kiyosaki As An Author
Robert Kiyosaki is globally accredited as an author apart from his entrepreneurial and business ventures. If You Want To Be Rich And Happy, Don’t Go To School was his first ever book that he published in 1993.
The book was written with a business attitude that invites attention to investing focus in business from an early age itself rather than waiting until finishing college to shift focus or begin to think about it.
Kiyosaki in his first book talked about the necessity of making children introduced to the wide realm of real estate from an early age itself.
He was talking to the parents and guardians of the children to not enter the stereotypical way of sending all children to a school that has been in practice in society for decades.
Instead, he advised them to give entrance to the children to the real estate business and teach them the fundamental of the field at an early age, and provide them with practical examples.
He is the author of the book Rich Dad Poor Dad – What The Rich Teach Their Kids About Money popularly known as Rich Dad Poor Dad. Robert Kiyosaki wrote the book combinedly with Sharon L. Lechter. It is a globally acknowledged book that promoted financial literacy.
The book is a significant publication in the field of financial independence, building wealth through investing in assets, investing in real estate, launching and successfully owning multiple businesses, and an approach to advocate an individual’s financial quotient or financial IQ (also known as financial intelligence).
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Robert Kiyosaki Complete Book List
The other books that are owned by him are:
- Cashflow Quadrant: Rich Dad’s Guide To Financial Freedom, Rich Dad’s Retire Young, Retire Rich
- The Business School for People Who Like Helping People, Rich Dad’s Rich Kid
- Smart Kid: Giving Your Children a Financial Headstart
- Rich Dad’s Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming and How You Can Prepare Yourself and Profit from It!
- Rich Dad’s The Business School: For People Who Like Helping People
- Rich Dad’s Who Took My Money?: Why Slow Investors Lose and Fast Money Wins!
- Rich Dad’s Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business
- Rich Dad’s Increase Your Financial IQ: Get Smarter with Your Money
- The Real Book of Real Estate: Real Experts. Real Stories. Real Life
- An Unfair Advantage: The Power of Financial Education
- Rich Dad, Poor Dad for Teens: The Secrets About Money – That You Don’t Learn in School!
- Why ‘A’ Students Work for ‘C’ Students and Why ‘B’ Students Work for the Government: Rich Dad’s Guide to Financial Education for Parents
- Second Chance: for Your Money, Your Life and Our World
- 8 Lessons in Military Leadership for Entrepreneurs: How Military Values and Experience Can Shape Business and Life
- Why the Rich are Getting Richer: What is Financial Education Really?
- FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle-Class Poorer
- Who Stole My Pension?: How You Can Stop The Looting
- Capitalist Manifesto: Money for Nothing – Gold, Silver, and Bitcoin For Free
- Rich Dad’s Conspiracy of the Rich: The 8 New Rules of Money
- Ravens: How To Prepare For And Profit From The Turbulent Times Ahead
He has also co-written a few books with other authors as well. They are:
- Why We Want You to Be Rich: Two Men, One Message written combinedly by Donald Trump
- The Business of the 21st Century was co-written with John Fleming and Kim Kiyosaki
- Midas Touch: Why Some Entrepreneurs Get Rich And Why Most Don’t co-written again with Donald Trump
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