Robert Kiyosaki, the 79-year-old author of "Rich Dad Poor Dad," disclosed that he holds $1.2 billion in debt tied to real estate holdings, characterizing significant leverage as a strategic advantage. Speaking on the Get Rich Education podcast, Kiyosaki stated that when debt reaches a certain scale, responsibility shifts to creditors rather than the borrower.
The $1.2 billion figure finances approximately 1,500 apartment units and a portfolio of hotels held by a group of real estate investors that includes Kiyosaki and his partners. Analysts estimate Kiyosaki's personal share of the debt at $30 million to $60 million, given his estimated annual income in the $3 million range, rather than the full $1.2 billion.
Kiyosaki emphasized his approach to real estate investing, stating that using borrowed money rather than personal capital is central to his strategy. He has previously called bitcoin a hedge against dollar devaluation and continues to hold the asset through market fluctuations, with bitcoin trading near the $77,000 range in recent months.
Kiyosaki has long warned of an "everything bubble" across stocks, bonds, and real estate, distinguishing his own leverage by asserting it is backed by cash-flowing property and hard assets. His public statements about debt have followed a pattern of using large figures to illustrate his broader thesis about how leverage can work in an investor's favor when backed by tangible assets.
