Robert Kiyosaki quickly became a household name after publishing “Rich Dad Poor Dad” in 1997. Over the past couple decades, the book has received multiple accolades and is widely accepted as the #1 personal finance book of all-time. This book alone is a major contributor to Robert Kiyosaki’s net worth today.
Robert Kiyosaki Net Worth
As of 2023, Robert Kiyosaki’s net worth is an estimated $100 million. While he started many businesses in the 70’s and 80’s, it wasn’t until 1997 when things really started to fall into place. Kiyosaki launched Cashflow Technologies, Inc., a business and financial education company that now owns and operates the Rich Dad and Cashflow brands. Most of Robert Kiyosaki’s net worth comes from his books, education company and seminars.
Early Life
Robert was born April 8, 1947 in Hilo. He is a 4th generation Japanese American. His father, Ralph, held a PhD and was an educator. Robert later criticized those who pursued higher education and obtaining PhD’s. After graduating high school, he went on to join the U.S. Marine Corps and fought in the Vietnam war as a helicopter gunship pilot in 1972-73.
He eventually went to college in Hilo and earned an MBA. Shortly after college, Robert joined Xerox as a sales associate for a year before dabbling in his own business ventures.
Robert Kiyosaki Companies
After his short stint selling copiers, Robert launched a company that would sell nylon velcro wallets. Shortly after that company went bankrupt, he tried his hand in retail and started an apparel store. This company eventually failed as well, and that’s when he shifted his focus to education.
In 1985, he founded the Excellerated Learning Institute educating students on social responsibility. This was the first company founded by Kiyosaki that had moderate success, and he eventually sold it in 1994.
Robert and his second wife invested heavily in real estate during the late 80’s and early 90’s. It was around this time he would write his first book, “If You Want to Be Rich and Happy, Don’t Go to School.” The book heavily criticized attending college and earning a degree and instead promoted building wealth through entrepreneurship and real estate.
In 1997, Robert eventually went on to launch Cashflow Technologies Inc and publish “Rich Dad, Poor Dad” which became the turning point for Kiyosaki in his entrepreneurial endeavors.
Robert Kiyosaki’s education business included many seminars that focused on building wealth and investing in real estate. Some of the seminars were free and come cost hundreds and thousands of dollars. Much of Robert Kiyosaki’s substantial net worth can be attributed to his education business and seminars.
Robert Kiyosaki Books
After Rich Dad Poor Dad, Kiyosaki went on to publish over a dozen books. He also created the Rich Dad Advisors Network, a team of entrepreneurs and authors that are experts in different areas of wealth creation. There are 13 books in the series, it can be purchased on Amazon here.
Other Robert Kiyosaki Books include:
Rich Dad’s Increase Your Financial IQ: Get Smarter with Your Money
Rich Dad’s Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not
Retire Young Retire Rich: How To Get Rich Quickly and Stay Rich Forever
Why We Want You To Be Rich: Two Men, One Message (co-authored by Donald Trump)
FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer
The Business of the 21st Century
Rich Dad’s The Business School: For People Who Like Helping People
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