Robert Kiyosaki's net worth
Robert Kiyosaki's net worth
Published on November 22, 2022 18:19 PM by Michael Davis
Kiyosaki, the highly successful American businessman, is best known for his financial literacy programs and books, which are extremely popular. Over the years, he has built up a substantial net worth by founding multiple companies, including Rich Global LLC and The Rich Dad Company, and authoring more than 26 personal finance books.
The Net Worth of Robert Kiyosaki?
Approximately $100 million is Robert Kiyosaki's net worth by 2022, substantially increasing over 2012's net worth of $80 million. That's a 25% increase, indicating he conservatively maintained his capital. In the past few decades, Robert Kiyosaki has kept his net worth in line with the historical average inflation rate.
Life in the early years
In 1947, Robert Kiyosaki was born in Hilo, Hawaii. The young Kiyosaki's father was an instructor and teacher by profession, so he could attend better educational institutions since he had Japanese American ancestry. After graduating from Hilo High School, Kiyosaki attended the U.S.S. Merchant Marine Academy in New York.
Among the Marines
Following high school graduation, he attended Naval College. Later, he joined the U.S. Marine Corps as a helicopter gunship pilot, serving in Vietnam between 1972 and 1973. In his interview with Kiyosaki, he claimed that his experience as a Marine gave him the character to succeed in business. His MBA was earned after Kiyosaki returned from Vietnam to Hilo, Hawaii. In 1978, he started his own company after completing his MBA and working as a sales associate for Xerox.
The career paths
As a merchant seaman, Kiyosaki traveled the world and learned about new cultures after completing his education. In 1972, Kiyosaki was a helicopter gunship pilot during the Vietnam War and was awarded the Air Medal for his service. His journeys exposed him to the extreme poverty that people faced worldwide. While working at Xerox Corporation for the first few years of his career, he sold copy machines.
He started his own business in which nylon and Velcro were introduced to the market. During the first edition of Rich Dad, Poor Dad, Kiyosaki worked with Sharon Lechter. Due to the inability to find a publisher, they decided to publish the book independently. When he returned from retirement three years ago, he launched Cashflow Technologies Inc., a business and financial education company.
Kim Kiyosaki, his wife, and Sharon Lechter co-own the company. In the Alex Jones Show interview in 2010, he revealed his assets, such as large apartment complexes, hotels, and golf courses. As well as heading oil drilling operations and oil wells, Kiyosaki is also the founder and investor of a solar startup company. As of November 2022, he has a net worth of $100 Million.
Robert Kiyosaki makes how much per year?
According to our research, Robert has claimed to make between $1.5 million and $2 million per month. However, we need more official documentation to pin down those numbers. Even though we have no verifiable income for Robert Kiyosaki, we have a good bare-bones idea of what he could make per year, minus his active income.
On a $100 million net worth, Robert Kiyosaki earns a 4.5% yield as an investor each year based on this assumption. The passive income Robert would earn if he liquidated his entire portfolio and transferred it all into a dividend-paying stock or REIT that earns a modest 4.5% annual yield would be around $4.5 million a year if he liquidated all his assets.
What is Robert Kiyosaki's secret to success?
As a result of Robert Kiyosaki's experience in Vietnam, he became a salesman for Xerox Corp. for a short while before deciding to take a shot at entrepreneurship. As his businesses boomed and dumped, his business acumen and real estate assets grew. While his businesses boomed and dumped, he learned much about real estate.
Eventually, Kiyosaki became financially independent by investing in real estate. Once he discovered what worked, Robert doubled down in the real estate business. To help others achieve the same financial outcomes, he built an education business using his new financial insights. The result? A large fortune and a worldwide reputation.
Bringing financial literacy to the masses with Robert Kiyosaki
It's not a college education that makes you rich, but the ability to control your cash flow that makes you rich, according to Kiyosaki. In addition to his plethora of published books, Kiyosaki continues to teach classes and coach individuals on personal finance and investing. Educating people on personal finance was his passion when he developed the "CashFlow" board game.
Though many people respond better to his advice than others, his contribution to financial literacy cannot be denied. He has been criticized, however, for the educational business he runs. Last year, a segment from CBC Marketplace criticized Kiyosaki's workshops as deceptive sales pitches. However, his popularity is not without reason.
Many people admire and attest to his work, moving his book to the top of bestseller lists and claiming he is a success. The first book Jeff Rose read that changed his thinking about wealth and getting rich was "Rich Dad, Poor Dad," by a personal finance contributor at Forbes. As a result of not coming from that kind of financial background, the ideas were revolutionary to him, as they were to so many others.
Social media accounts
- Instagram - <>therealkiyosaki<>
- Facebook - <>Robert Kiyosaki<>
- Twitter - <>therealkiyosaki<>
- YouTube - <>The Rich Dad Channel<>
Q: What is the source of Robert Kiyosaki's wealth?
A: Seminars, investments, and real estate were some ways Kiyosaki made money.
Q: Kiyosaki defines wealth in what way?
A: In his estimation, wealth is defined as being able to maintain your standard of living without physically working or having anyone in your household work.
Q: Robert Kiyosaki voted for whom?
A: During the 2016 presidential election, Kiyosaki supported Donald Trump and co-authored two books with him.
Q: Crypto and Kiyosaki: what do they say?
A: Following the failure of the cryptocurrency exchange FTX, Robert Kiyosaki, A Bitcoin expert, says the problem isn't Bitcoin.