Robert Kiyosaki has become a key figure in the industry of modern life coaching and self-help. Focusing mainly on financial advice, he is solely accountable for forever altering many people’s perceptions of money. His bright ideas paved the way for many of today’s most successful entrepreneurs.
Robert Kiyosaki’s Net Worth in 2022
Best known for writing the book series Rich Dad Poor Dad, Robert Kiyosaki has a brilliant mind that’s clearly built for entrepreneurship. He is also an investor, financial analyst, and motivational speaker. The majority of his income comes from seminars held by individuals who pay to use the Rich Dad brand for marketing purposes. As of 2022, Kiyosaki has a net worth of $100 million.
Life Before Entrepreneurship
Born and raised in the town of Hilo, Hawaii, Kiyosaki was a fourth-generation Japanese American. His father, Ralph Kiyosaki, was a professor at their local college. He was a Ph.D. holder but was unemployed in his later years. This story of his father would later inspire Robert to form bold but practical opinions on how to be successful.
He attended Naval College after high school and subsequently joined the United States Marine Corps. From 1972 to 1973, he served as a helicopter gunship pilot in Vietnam.
Kiyosaki went to his local college after his time as a Marine. After receiving his MBA, he made his debut in the world of business. His first experience in business was working as a sales associate for Xerox.
Failed Business Attempts
One has to be the luckiest person on the planet to be a millionaire on their first try. And Kiyosaki wasn’t that person. Before reaching his eventual success, he had a few roadblocks in the way.
With the money he saved up from his work, he started his own business in 1977. It was a velcro wallet company that couldn’t prioritize quality. So, it went bankrupt. In 1980, he tried another business that printed shirts for heavy metal bands. But this, too, had failed.
Having these two unsuccessful attempts, he was left with a lot of debt and insufficient funds. He found himself broke and homeless to settle his obligations.
Instead of mourning his losses, Robert Kiyosaki turned them into lessons – lessons he could teach not only himself but also others. Thus, he co-founded the business education company Excelerated Learning Institute. This was his long-awaited breakthrough.
The company was a win, and Kiyosaki sold it in 1994. He used this victory to launch his first book, Don’t Go to School if You Want to Be Rich and Happy. However, these accomplishments were only the beginning.
Robert Kiyosaki’s first achievements were only average compared to the success he dwells on today. It started when he founded Cashflow Technologies, the company that owns the rights to the Rich Dad brand.
As a New York Times bestseller, Rich Dad Poor Dad has sold over 40 million copies around the world. The “rich dad” is inspired by the father of Robert’s best friend, while the “poor dad” is none other than his own. It’s a book that talks about how one’s viewpoint on money can affect his entire life.
Robert has been married to Kim Kiyosaki since 1994 but the couple are now separated. Although they are no longer together they remain business partners and best friends. He revealed the news in an interview with Daniela Cambone in June 2021. Kim is a savvy businessman woman in her own right and has a net worth of $40 million.