|Profession/Career:||Author, Entrepreneur, Motivational Speaker|
|Net Worth:||$110 million|
|YouTube Channel:||The Rich Dad Channel (@TheRichDadChannel)|
|College:||US Merchant Marine Academy, University of Hawaii|
|Major/Degree:||BS, MBA (did not complete)|
|Full Name:||Robert Toru Kiyosaki|
|Date of Birth (Age):||April 8, 1947 (76 years old)|
|Place of Birth:||Hilo, Hawaii|
|Height:||5 ft 10 in|
|Companies:||Rich Dad Company, Rich Global LLC|
Frequently Associated With
- Rich Dad, Poor Dad
- Kim Kiyosaki
- Cashflow Quadrant
- Increase Your Financial IQ
- Guide To Becoming Rich
- Fake: Fake Money, Fake Teachers, Fake Assets
Net Worth of Robert Kiyosaki
Robert Kiyosaki’s net worth is estimated to be roughly $110 million.
Robert Kiyosaki has made the majority of his money through sales of his books. Although he often talks about real estate as being the best way to climb up the wealth ladder, there’s no doubt that sales of his books have skyrocketed funding of his real estate ventures. On top of that, he is involved in numerous speaking engagements every year.
How much does Robert Kiyosaki earn in a year?
Robert Kiyosaki is estimated to earn roughly $12 million a year.
Robert Kiyosaki has written numerous books and has had massive success with a few of them. His most recognized book by far is Rich Dad, Poor Dad, which has sold over 44 million copies alone. The 13 other books that are part of his Rich Dad, Poor Dad series of books have sold over 27 million copies. That’s a total of over 71 million copies sold in all, and that doesn’t even count the books that are outside of the Rich Dad, Poor Dad series.
On top of book sales, Robert Kiyosaki earns money off of speaking engagements. You can attend them live, and you can also pay for his classes. His classes have three tiers: free, $495, and $45,000. And he’s had plenty of buyers for all three tiers.
He also owns over 7,000 investment properties give him recurring cashflow month-over-month.
Additionally, he has a YouTube channel by the name of The Rich Dad Channel in which he currently has over 2.84 million subscribers.
YouTube channels make between $3 to $5 per 1,000 views. Let’s take the midpoint of that at $4.
Robert Kiyosaki has had his channel since 2008 and currently has 147 million views thus far. With that view count, he has made at least $588k from YouTube ad revenue alone. That doesn’t take into account the amount of books sales he’s been able to push from his YouTube videos.
Did Robert Kiyosaki Grow Up Rich or Poor?
Robert Kiyosaki grew up in Hawaii, where his dad worked as a college professor. His dad made decent money, but his family wasn’t by any means considered wealthy.
They were definitely around middle working class, neither extremely rich nor poor by any means. However, the whole divide between the rich and the poor was something he experienced firsthand when he became a merchant ship worker and got to travel around the world.
He experienced different countries around the world and got to see both extreme poverty and extreme riches, and everything in between. He was by no means rich until he started his motivational speaking career throughout the 1990s, and his experiences of the rich vs. the poor around the world were the basis of how he got started in these ventures.
Robert Kiyosaki’s Wife – Kim Kiyosaki
Robert Kiyosaki met his wife Kim Meyer in 1984, the two bounded over the love of entrepreneurship. After getting married in 1985, Robert and Kim Kiyosaki started many companies together, most notably The Rich Company.
Together, Robert and Kim Kiyosaki had built an empire together, educating people on the importance of financial education, and teaching people the value of investing.
Robert Kiyosaki’s Philosophy
Kiyosaki’s philosophy also emphasizes the importance of investing in assets that generate passive income, such as real estate, stocks, and businesses. He encourages people to focus on acquiring assets that produce cash flow, rather than accumulating liabilities, such as credit card debt and expensive cars.
Another key aspect of Kiyosaki’s philosophy is the idea of leveraging. He believes that individuals should use other people’s money, time, and expertise to achieve their financial goals.
For example, he advocates for using leverage to invest in real estate, where an individual can use other people’s money (i.e. a bank loan) to purchase a property and generate rental income.
How did Robert Kiyosaki make his money?
Robert Kiyosaki is an author, entrepreneur, and investor who is best known for his book “Rich Dad Poor Dad.” He made his money through a variety of sources, including:
Real estate investments: Kiyosaki is a strong proponent of investing in real estate, and he has made a significant amount of money through buying and selling properties.
Business ventures: Kiyosaki has been involved in a number of business ventures over the years, including the creation of the Cashflow board game, which teaches players about financial literacy and investing.
Speaking engagements: Kiyosaki is a sought-after speaker and has traveled around the world giving talks on topics such as financial literacy, entrepreneurship, and investing.
Book royalties: “Rich Dad Poor Dad” has sold millions of copies around the world, and Kiyosaki continues to earn royalties from the book.
Investment income: Kiyosaki has also made money through various investments, including stocks, mutual funds, and precious metals.
Overall, Kiyosaki’s wealth has come from a combination of smart investments, successful business ventures, and a strong dedication to teaching others about financial literacy and investing.
Robert Kiyosaki on Bitcoin
When most people hear of Robert Kiyosaki, they would remember the famous book “Rich Dad, Poor Dad”, in which he talked about real estate as assets extensively.
Fast forward to now, you will find that everywhere he goes, Robert Kiyosaki will talk about the importance of buying what he calls real money. When Kiyosaki says real money, he means gold, silver or, you guessed it Bitcoin.
Although most money experts will say that Bitcoin is a big gamble, Kiyosaki considers it more stable than most investments. Robert Kiyosaki is not saying that other financial experts like Warren Buffett is incorrect, but he is saying you have to choose your teacher. Whoever you choose to follow is fine, as long as you make learning about finances your priority.
If you follow Warren Buffett, you will buy stocks; if you follow Dave Ramsay, you will live debt-free; if you follow Grant Cardone, you will buy apartments.
However, if you do choose to follow Robert Kiyosaki, then you will definitely buy gold, silver, and Bitcoin.