About
Robert Kiyosaki is an American businessman, entrepreneur, and author, best known for his "Rich Dad Poor Dad" series of personal finance books. These books advocate for financial literacy and investing to build wealth. Kiyosaki founded the Rich Dad Company, providing financial education through books, videos, and seminars. Although his Rich Global LLC filed for bankruptcy in 2012, Kiyosaki remains a popular figure in the world of personal finance.
Career Timeline
Rich Dad Poor Dad Published
Kiyosaki self-published 'Rich Dad Poor Dad', which initially gained traction through word of mouth. The book challenged conventional financial wisdom and began building a following.
Oprah Appearance, Mainstream Breakthrough
An appearance on 'The Oprah Winfrey Show' catapulted 'Rich Dad Poor Dad' to bestseller status. The book became a cultural phenomenon and launched Kiyosaki to fame.
Rich Dad Empire Expansion
Kiyosaki expanded the Rich Dad brand with sequels, board games, seminars, and educational materials. The franchise generated significant revenue and solidified his position as a personal finance guru.
Growing Controversy and Criticism
Kiyosaki faced increasing criticism for the expensive seminars associated with his brand and questions about his advice. Despite controversy, his books continued to sell millions of copies.
Rich Global LLC Bankruptcy
One of Kiyosaki's companies, Rich Global LLC, filed for bankruptcy owing nearly $24 million. The irony of a financial advice guru's company going bankrupt damaged his credibility, though he personally remained wealthy.
Pandemic Financial Predictions
Kiyosaki gained renewed attention during the COVID-19 pandemic with predictions about economic collapse and advocacy for gold, silver, and Bitcoin. His social media following grew significantly among retail investors.
Personal Finance Icon Status
Robert Kiyosaki remains a well-known and influential figure in personal finance with over 45 million books sold worldwide. Despite ongoing controversies and criticism, 'Rich Dad Poor Dad' continues to be one of the best-selling personal finance books, making him a household name among those interested in financial education.
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Last updated: February 23, 2026








