Robert Kiyosaki Net Worth
Robert Kiyosaki has an estimated net worth of $100 million. Robert Kiyosaki is the author of Rich Dad Poor Dad, which since its publication has become the best-selling book on personal finance of all time.
According to an interview with Forbes, Kiyosaki makes the majority of his money from franchisees of the Rich Dad seminars. His annual income should be around $2 million, taking into account his dividends from shares, rental income, coaching fees, royalties, etc.
Kiyosaki founded Cashflow Technologies, Inc., a business and financial education company that owns and operates Rich Dad and Cashflow. He promoted his book with Amway. Today, as the CEO of multiple companies, his monthly salary is more than $80,000.
With over 32 million copies sold and a solid six-year streak on the New York Times bestseller list, Rich Dad Poor Dad quickly became a staple on every business’ bookshelf.
Here’s the breakdown of Kiyosaki’s net worth:
|Net Worth 2022:||$100 Million|
|Annual Income:||$2 Million+|
|Source of Wealth:||Entrepreneur, Business Coach, Writer, Investor, Speaker|
Earnings From “Rich Dad Poor Dad”
A successful investor, speaker, and real estate investor, Kiyosaki is best known for a series of books called Rich Dad Poor Dad. He generates most of his income from seminars conducted by people who pay him to use the Rich Dad brand name for marketing purposes.
His first three books, ‘Rich Dad Poor Dad,’ Rich Dad’s ‘CASHFLOW Quadrant,’ and Rich Dad’s ‘Guide to Investing,’ were simultaneously on the top 10 bestseller lists of The Wall Street Journal, USA Today, and the New York Times.
The success of these books prompted him to continue the series, which now includes 15 books that have collectively sold over 26 million copies.
Rich Dad Poor Dad will never fade off the shelves because it is an award-winning finance book.
A lot of Robert’s book is about how his own father was the “poor dad,” and he describes how the habits of two different fathers differed.
Because of Rich Dad Poor Dad’s popularity, Robert Kiyosaki is able to make a lot of money from Rich Dad seminars. Attendance at Robert Kiyosaki’s first seminar is free, but speakers encourage participants to purchase additional seminars. Kevin Kacvinsky, a financial planner who attended a series of Rich Dad seminars in Pittsburgh and Las Vegas, ended up paying $15,000.
The Rich Dad seminars cost $35,000 in another case, which led a 75-year-old widow in Missouri to take out a second mortgage. Robert Maurice of Tennessee joined a class-action lawsuit against Kiyosaki and the Rich Dad companies after spending $42,000 on seminars.
The parent company of Rich Dad Seminars was indicted by the Florida Attorney General in 2012 for deceptive trade practices. Although the company did not admit liability, it agreed to pay the Attorney General $500,000 and another $194,000 to victims who had attended seminars.
Robert Kiyosaki has made more than $30 million from his investments in a number of ventures.
He acquired a silver mine in South America in 2002, and he took a gold mine public in China in 2003.
According to his book, ‘Conspiracy of the Rich’, he mentioned that he intended to take the copper mine public when copper prices and values increased.
The reason he claims to be a ‘gold bug’ is that he owns several commodities like silver and gold, so he can protect himself from any losses that may result from the misprinting of the U.S dollar.
Since the outbreak of Covid 19, Robert Kiyosaki is also hoarding bitcoin.
Also, he has invested in various oil drilling companies, and oil wells, as well as in a startup solar company that is still in its infancy.
Kiyosaki also owns and invests in real estate. It is no secret that he invests a great deal of money in real estate, and has a great deal of real estate development ventures.
He is involved in various property management projects all over the country. According to some news reports, Robert Kiyosaki owns more than 8000 properties.
As he revealed in an episode of The Alex Jones Show in 2010, he owns large apartment complexes, hotels, and golf courses as part of his assets.
Robert Kiyosaki has made more than $20 million from motivational speaking. After having twice gone bankrupt with his business ventures, Robert Kiyosaki set out to teach people how not to become poor and make bad financial decisions.
He began working as a motivational speaker for a seminar company called Money and You, along with D.C Cordova. The three-day seminar focused mainly on teaching students about the works of Buckminster Fuller. Initially, they were only present in Canada and the United States, but the popularity of the company allowed them to spread their wings to Australia and New Zealand.
The popularity, growth, and universal appeal of this business venture became profitable and he became a multimillionaire. However, he did not continue with it for long and left Money and You in 1994 to take early retirement. He was only 47 years old at that time.
Robert Kiyosaki has made more than $20 million from his businesses. He founded the two companies in the early years of his life.
First, he sold ‘surfer’ wallets made of nylon and Velcro, and later he sold T-shirts of heavy metal rock bands, both of which crashed and bankrupted him.
After struggling for nearly a decade to achieve success, Kiyosaki retired at the age of 47 to pursue other endeavors.
Then he founded Cashflow Technologies, Inc. in 1997 and rose once again. He runs two of his brands under this company, Rich Dad and Cashflow.
Earnings From YouTube, Podcasts, and Instagram
Robert Kiyosaki has made more than $10 million from his YouTube, podcasts and Instagram. The Rich Dad Channel has 2.43M subscribers. YouTubers with 100k subscribers and two new videos each week can make $600 to $1,000. The ad revenue is somewhere between $2,400 and $4,000 per month. According to the YouTube money calculator, Robert Kiyosaki can easily earn $6,705 to $107,280 from his YouTube channel in a year.
In addition, his Instagram also has 2.6M followers.
With his social media following, he can earn a lot of money through sponsorship and advertising.
According to several news reports, Robert Kiyosaki filed for bankruptcy with one of his companies.
According to the New York Post, Rich Global LLC, one of the corporate arms Kiyosaki has used to do business, filed for bankruptcy in August. According to the court order, the company must pay just under $24 million to the Learning Annex and its chairman, Bill Zanker.
In 2001, Kiyosaki became one of the featured speakers at Learning Annex’s expositions, according to AZCentral.com. Four years later, the companies agreed to “develop and conduct free seminars with fee-based follow-ups,” according to court documents.
According to court documents, that relationship generated sales of $438 million, of which Rich Global received nearly $45 million in royalties, but Learning Annex argued that Rich Global had not paid the required percentage of profits.
Kiyosaki lives in a big house in Phoenix, Arizona (AZ), US. According to Zillow, the typical home value in Phoenix is $413,494. This value is seasonally adjusted and includes only mid-priced homes. Home values in Phoenix have increased 28.8% over the past year.
Since Robert Kiyosaki is rich, he owns some luxurious cars. Let’s take a look at his car collection.
|Robert Kiyosaki Car Collection||Price (USD)|
|BMW 3-Series Convertible||$59,800|
1. BMW 3-Series Convertible ($59,800)
The 3 Series has a new, improved design with the brand’s latest technology and more refined luxury. It features a 255-horsepower turbocharged four-cylinder and a 385-horsepower turbocharged six-cylinder, as well as a new plug-in hybrid model with rear-wheel or all-wheel drive and an eight-speed automatic transmission.
2. Audi A7 ($88,900)
The Audi A7 is between the Audi A6, which is a great luxury car with a sporty feel, and the Audi A8, which is the most luxurious Audi you can buy. The Audi A7 looks and drives well, and its hatchback design makes it much more practical.
3. Range Rover ($135,670)
This SVA is a full-fledged Range Rover, and it is also the most expensive Range Rover produced. Range is mostly used by famous personalities, businessmen and other wealthy people. Autobiography is all about being well off and living in a very nice place. The SVA is powered by a 4999 cc supercharge eight-cylinder engine that makes 557 HP. The Range Rover also features a long wheelbase that makes the rear seats even more comfortable and gives passengers more legroom.
Robert Kiyosaki made more than $50 million from his books. He is the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years. His book Rich Dad Poor Dad has sold over 32 million copies in more than 51 languages across more than 109 countries.
As a result, he has made a lot of money from book royalties. Most publishers pay royalties based on the retail price of the book. This means that if the retail price is $20 and the royalty rate is 5%, you will earn $1 per book sold. With a current retail price of $7.18, Robert Kiyosaki can earn more than $11 million in royalties for his book Rich Dad Poor Dad.
Below is a list of Robert Kiyosaki’s most popular books:
1. Rich Dad Poor Dad
Rich Dad Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing.
The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
2. Rich Dad’s Cashflow Quadrant
Rich Dad’s CASHFLOW Quadrant is a guide to financial freedom. It’s the second book in the Rich Dad Series and reveals how some people work less, earn more, pay less in taxes, and learn to become financially free.
CASHFLOW Quadrant was written for those who are ready to move beyond job security and enter the world of financial freedom. It’s for those who want to make significant changes in their lives and take control of their financial future.
3. Rich Dad’s Guide to Investing
Rich Dad’s Guide to Investing, one of the three core titles in the Rich Dad Series, covers the basic rules of investing, how to reduce your investment risk, how to convert your earned income into passive income… plus Rich Dad’s 10 Investor Controls.
4. Rich Dad’s Who Took My Money
In Rich Dad’s Who Took My Money, Robert Kiyosaki shares advice on how to increase the velocity of my money. And, even if you start small, it’s advice that anyone can follow and benefit from.
5. Why “A” Students Work for “C” Students
In Why “A” Students Work For “C” Students, Kiyosaki expands on his belief that the school system was created to churn out ‘Es’ / Employees… those “A Students” who read well, memorize well and test well… and not the creative thinkers, visionaries and dreamers –entrepreneurs-in-the-making… those “C Students who grow up to be the innovators and creators of new ideas, businesses, applications and products.
6. Second Chance
Second Chance is a guide to understanding how the past will shape the future and how you can use Information Age tools and insights to create a fresh start. This book is a guide to facing head-on the dangers of the crises around us—and steps and tips for seizing the opportunities they present.
Personal Life & Wife
Robert Kiyosaki was born in Hilo, Hawaii, the son of Ralph H. Kiyosaki. He was of Japanese-American descent. His father was a teacher and educator by profession, which enabled young Kiyosaki to attend better educational institutions.
He graduated from Hilo High School and then enrolled at the U.S. Merchant Marine Academy in New York, from which he graduated as a deck officer in 1969.
In 1986, he married Kim Meyer, who is an entrepreneur, investor, author and motivational speaker.
Over the years, Kiyosaki has given financial advice on a number of television news channels including CNBC, Fox Business and Bloomberg.
He has also appeared on programs such as The Oprah Winfrey Show, Fox and Friends, Larry King Live, The O’Reilly Factor, The Alex Jones Show, Glenn Beck and Your World with Neil Cavuto.
Is Robert Kiyosaki A Scam?
Robert Kiyosaki is not a scam. He is a successful entrepreneur, investor, motivational speaker, author, and also financial literacy activist. He has property management projects running throughout America.
Kiyosaki is very well known for his Rich Dad Poor Dad book series which has inspired many people to start their own businesses and achieve financial freedom.
FAQs About Robert Kiyosaki
How much does Robert Kiyosaki make a year?
According to Forbes, Robert Kiyosaki’s annual income is over $2 million.
Is Rich Dad real?
Kiyosaki kept it secret, citing a written agreement with Rich Dad’s family to remain anonymous. The general consensus, however, is that Rich Dad is an invented character, an amalgamation of all of Kiyosaki’s influences, and that Rich Dad therefore did not exist.
What is Robert Kiyosaki’s business?
Rich Dad Company is a privately owned financial education company that provides personal finance and business education through books and videos. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company.
What does Pay Yourself First mean by Robert Kiyosaki?
People who want to pay themselves first put money in the asset column of their balance sheet before paying their monthly expenses. They set aside a certain amount of money from the beginning and then live on what is left over. In this way, wealth grows.
How tall is Robert Kiyosaki?
Robert Kiyosaki is 5ft 10 in (179 cm) tall.
What is the real name of Robert Kiyosaki?
His full name is Robert Toru Kiyosaki, he is better known by his name Robert Kiyosaki.
Favourite Robert Kiyosaki Quotes
“The most successful people in life are the ones who ask questions. They’re always learning. They’re always growing. They’re always pushing.”
“In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.”
“It’s easier to stand on the sidelines, criticize, and say why you shouldn’t do something. The sidelines are crowded. Get in the game.”
“It’s not what you say out of your mouth that determines your life, it’s what you whisper to yourself that has the most power!”
“The trouble with school is they give you the answer, then they give you the exam. That’s not life.”
“It’s more important to grow your income than cut your expenses. It’s more important to grow your spirit than cut your dreams.”
“Don’t be addicted to money. Work to learn. Don’t work for money. Work for knowledge.”
Best Way To Increase Your Net Worth
Increasing your net worth has many benefits; it is more than just bragging rights. For example, increasing your net worth can allow you to retire years earlier. It also leads to financial security, which allows you to worry less about money and more about the important things in life.
And while increasing your net worth may seem difficult, it does not have to be. With a side hustle, you can increase your income in your spare time, fast-track your financial goals, and chase your passion.
Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.
You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.