The net worth of Robert Kiyosaki is estimated to be around $100 million in 2023. He is a renowned entrepreneur, investor, motivational speaker, finance coach, and author. Kiyosaki attained global recognition after he co-authored “Rich Dad Poor Dad” in 1997. The success of the book and its widespread acceptance were the foundation of his empire.
Meanwhile, apart from his success as an author, Robert Kiyosaki also made a substantial portion of his net worth through public speaking engagements. Likewise, he is a Bitcoin investor and has continued to show his admiration for the crypto publicly. Kiyosaki also invests in Gold and Silver, describing them as hedges against inflation.
Robert Kiyosaki’s Net Worth
| Year | Net Worth |
|---|---|
| 2023 | $100 million |
Early Life
Robert Toru Kiyosaki was born on April 8, 1947, to Ralph and Marjorie Kiyosaki in Hilo, Hawaii. Then, Hilo was under the control of the United States of America government. This explains why Kiyosaki is often categorized as one of the “Yonsei” generation of Japanese Americans. “Yonsei” refers to fourth-generation Japanese that were born in the United States.
His father, Ralph Kiyosaki was an academic instructor, while his mother, Marjorie Kiyosaki was a registered nurse. Kiyosaki graduated from Hilo High School in 1965 and therefore proceeded to obtain a diploma. Upon the completion of his diploma, he went to the U.S. Merchant Marine Academy in New York, where he earned his Bachelor of Science in 1969. Unfortunately, Kiyosaki lost his mother in 1971, and his father also died twenty years later.
Meanwhile, while at the Academy, he was commissioned as a Second Lieutenant in the United States Marine Corps. Later, he began to travel on merchant ships, exploring various parts of the world. This adventure allowed him to gain exposure to numerous cultures. One of the things that caught his attention during the adventure was the high level of poverty in the regions he visited. This experience impacted his determination to become successful.
Later, Kiyosaki rejected a lucrative offer from Standard Oil and chose to enlist in the Marine Corps. His enlistment into the Corps enabled him to participate in the Vietnam War as a combat soldier. During the war, he flew helicopters armed with heavy weapons. In 1972, Kiyosaki was stationed in Hilo, Hawaii. A year later, he decided to enroll at the University of Hawaii at Hilo for a Master of Business Administration. In 1974, he left the Marine Corps and was presented with the Air Medal for his service.
Business Career
In a discussion, Robert Kiyosaki once revealed that his experience in the Marine Corps gave him the integrity he needed to succeed in business. Also, his academic exposure in Business Administration also provided him with the knowledge to strive as an entrepreneur. According to Kiyosaki, he began to develop interest in business after attending Erhard EST seminars around 1974.
In a bid to gather enough experience, Kiyosaki took up a job with Xerox Corporation as a salesman. There, he sold copy machines and later became a top salesman in the organization. However, he wasn’t satisfied with just being a salesman due to passion to own his own business. Driven by this passion, he saved most of his earnings which he later harnessed to fulfill his dream.
DREAMS DO COME TRUE: Many entrepreneurs dream of taking their startup public. Going public is heart beat of Capitalism. Academic elite hate capitalists because all academics have are advanced degrees but no money. DREAM BIG. Take your dream public on NYSE. I did. You can too.
— Robert Kiyosaki (@theRealKiyosaki) July 11, 2022
In 1977, Kiyosaki established his company, “Rippers.” The company produced nylon and Velcro surfer wallets. Later, he decided to cut the production cost of the wallets in a bid to maximize his profit. Due to that, the product began to lose quality and eventually experienced a decline in its demand. This development made his first business to struggle financially, thereby leading to its demise.
Kiyosaki learned his lesson, and was prompted to try again. In his second attempt, Kiyosaki established a company that designed T-shirts for heavy metal rock bands. Initially, this company enjoyed significant success due to the preference for heavy-metal songs, which resulted in high demand for T-shirts branded in the style. However, the success of the organization was short-lived. The gradual turn in vogue to soft music pushed Kiyosaki’s company into a dilemma. The firm struggled to make sales and eventually collapsed in 1985.
However, before the company began to struggle with finances, Kiyosaki had already invested heavily in stock, shares, and real estate. Despite the collapse of his second project, he refused to bow to pressure and instead focused on regaining his wealth.
Business Education
In 1985, Robert Kiyosaki shifted his focus to business education and co-founded the Excellerated Learning Institute. The firm is a business school that teaches the basic principles of business. Then, Kiyosaki taught people how to avoid bankruptcy in their business endeavors. He sold the firm to a bigger company in 1994.
Later, Robert Kiyosaki met R. Buckminster Fuller who inspired him to make a positive difference as an educator of entrepreneurship and finance. Fuller’s words of encouragement propelled Kiyosaki to work as a motivational speaker for a personal growth seminar business known as “Money and You.”
Kiyosaki taught his students the works of Buckminster Fuller. The seminar business is based in the United States and Canada. Eventually, its popularity spread to regions like Australia and New Zealand. In 1996, alongside his wife, Kiyosaki founded the Cashflow Board Game.
Through the project, the couple educated thousands of subscribers on how to engage in profitable investments. The success of the business contributed significantly to the net worth of Robert Kiyosaki. The motivational speaker, his wife, and Sharon Lechter are stakeholders in the company.
In 1997, he established “The Rich Dad Company.”The firm focuses on financial education and provides publications, educational materials, and games. These offerings are geared toward educating people on financial planning and asset classes. Similarly, the success of the company influenced the net worth of Robert Kiyosaki.
The company enjoyed a significant growth of 0.11% with more than one million followers on Twitter. Then, “Rich Dad” recorded four million unique visitors on its web page, with more than 62,000 referring domains.
Later around 2006, Robert Kiyosaki established Rich Dad Education. The establishment served as the educational arm of the Rich Dad Company. The firm is estimated to be worth $20 million and enjoys the patronage of about 20,000 students in renowned countries like the U.S., Canada, and the U.K. With the firm, Kiyosaki provides educational materials and services like free interactive webinars, workshops, and mentorship programs.
Publication
Robert Kiyosaki has already made a name for himself as a successful author. He ventured into book publishing in 1997 when he co-authored “Rich Dad Poor Dad” alongside Sharon Lechter. In the book, Kiyosaki emphasized the importance of financial education, independence, and wealth building. He encouraged readers to invest in assets and real estate.
The book is a reflection of Kiyosaki’s life. In a bid to explain the significance of businesses and investments, he narrated a story of his friend’s father and his dad. According to him, his friend’s father (the rich dad) became wealthy by investing and establishing various businesses. Kiyosaki, however, portrayed his own father as the poor father who focused only on hard work and couldn’t attain financial prosperity till he died.
Remarkably, the publication enjoys widespread acceptance, with over 32 million copies sold. It was published in more than 51 languages and even made it to the New York Times bestsellers list for more than six years.
Also, “Rich Dad Poor Dad” has attracted the attention of various celebrities including Will Smith. In a revelation, the actor disclosed that he taught his son about financial independence after he read the book. Similarly, American fashion entrepreneur and investor Daymond John once disclosed that the book is one of his favorites.
In 2000, Oprah Winfrey featured Kiyosaki on her show to discuss ownership and passive income topics with a broad audience. Five years later, the Public Broadcasting Service (PSB) in the United States honored Kiyosaki with an “Excellence in Education award.”
https://youtu.be/rYYB6950mXM
Around 2006, a public television station, KOCE broadcasted Kiyosaki’s 55-minute show titled “A Guide to Wealth.” The show provided a summary of the “Rich Dad Poor Dad” book. Later, the growing popularity of the book caught the attention of Donald Trump, a successful business mogul who later became the President of the United States.
Donald Trump featured the erudite business educator in his books. They published the first book titled “Why We Want You to Be Rich, Two Men One Message” in 2006. The second book was published in 2011, titled “Midas Touch: Why Some Entrepreneurs Get Rich – And Why Most Don’t in 2011.”
While speaking about some of the challenges he endured before the success of the “Rich Dad Poor Dad book,” Kiyosaki recalled how he was turned down by various publishers. In his audiobook; Choose to be Rich, Kiyosaki said Barnes & Noble refused to stock the book.
Meanwhile, he published the 20th-anniversary edition of the book in April 2017. In the preface, Kiyosaki stated that over 40 million copies of the book have already been sold.
Apart from the “The Rich Dad Poor Dad,” he has published other books. His latest book titled “Ravens: How To Prepare For And Profit From The Turbulent Times Ahead” was published in 2023.
Controversies
His success as an author showered him with respect among notable figures across the globe. Nevertheless, he has his critics too. Between 2006 and 2007, Kiyosaki advised people to invest in real estate. The advice proved to be a bad one as the value of real estate plummeted. This development birthed criticism for Kiyosaki by people who felt he led them astray with his advice.
Kiyosaki became a subject of another controversy in 2010 after the Canadian Broadcasting Corporation investigated allegations of scams against his company. Eventually, the agency discovered that some success claims in his seminars were untrue. More so, seminar teachers in his “Rich Dad” company were accused of misleading people after their testimonies of investing in trailers and their parks. According to the findings of the Canadian Broadcasting Corporation, the acclaimed successful parks were empty lands without any meaningful investment.
The same year, popular journalist Allan Roth documented some of his experiences when he attended one of Robert Kiyosaki’s free seminars. He exposed some strategies used by Kiyosaki to convince people. CBC-TV’s Marketplace also investigated Kiyosaki’s seminars in Canada. The investigation exposed what transpired in a $450 seminar of the renowned motivational speaker through a hidden camera including Kiyosaki’s response to undercover investigators.
Similarly, his book “Rich Dad Poor Dad” also faced criticism in recent years. One of the critics, John T. Reed said the book contained a host of misleading contents. He referred to the publication as the “dumbest financial advice book” he has ever read. According to him, it contained factual errors and some impossible account of events. Also, another critic, Rob Walker said the book is full of nonsense. He faulted Kiyosaki’s conclusion regarding American culture.
Investment Portfolio
Robert Kiyosaki’s investment portfolio is enveloped with crypto, gold, silver, real estate, and his “Rich Dad” brand. His interest in real estate began when he was 26 years old. Then, he purchased his first real estate property in Hawaii. Later, he founded a real estate investment firm, Rich Global LLC. Through this firm, he has been able to invest millions in several residential and commercial properties across popular cities like Arizona, Georgia, Nevada, and many more.
Barely a few years ago, Kiyosaki bought a $65,000 apartment and later sold it for $95,000. He also bought a 12-unit apartment worth $300,000. Immediately he noticed the market had picked up, Kiyosaki sold it in a $495,000 deal. The money from the sale was reinvested into a bigger apartment which he later sold for $1.2 million.
Meanwhile, his exposure to gold could be traced to 2017 when he invested in a gold-supported token, Karatcoin. A year later, Kiyosaki acquired gold and silver bullion because he anticipated an economic recession at that time. Also, in 2019, he added palladium and platinum coins to his portfolio. His belief is that gold and silver can help protect his wealth against government deficits and money printing.
It is worth establishing that Kiyosaki’s interest in gold and silver has proven to be the right decision. According to figures provided by the London Bullion Market Association’s (LBMA), the value of the two assets soared from $1,800 and $22 in January 2022 to $1,900 and $24.81 per ounce in January 2023. These upward movements in the value of the two assets contributed to the net worth of Robert Kiyosaki.
Is Robert Kiyosaki Pro Crypto?
Robert Kiyosaki has always been vocal about his admiration and support for crypto, particularly his favorite token, Bitcoin. Driven by this commitment, he usually leverages his Twitter account with over two million followers to promote and express bullish views about it. In recent years, his views began to gain a lot of waves and attention among the crypto community in the space.
Kiyosaki’s reason for supporting Bitcoin is not far-fetched. He has reservations about the various policies of the Fed, Treasury, and Wall Street. Over the years, he expressed his doubt over the money-printing policies of the Fed, describing them as the architect behind the recent devaluation of the US dollar. Nevertheless, the famous investor sees Bitcoin as the solution, and has even described it as the best hedge against ravaging economic downturns. He has no doubt in the ability of the crypto to protect people’s wealth from inflation.
I love Bitcoin because I do not trust Fed, Treasury, or Wall Street.
— Robert Kiyosaki (@theRealKiyosaki) October 15, 2021
Apart from his vast Twitter account, Kiyosaki has also continued to harness other notable means to spread the gospel of Bitcoin and guide investors on how to keep a strong portfolio. He is the founder of the “Rich Dad Community,” a platform that educates and mentors investors about how to leverage the opportunities enveloped in Bitcoin.
Through this community platform, he has written scores of articles to express his perspectives about situations in the Bitcoin market. So, it is safe to identify him as a crypto analyst. Some of the titles he has covered include “Bitcoin Superpower, Bitcoin and Ethereum Crash, The True Potential of DeFi, Bitcoin’s Flash Crash, Is Bitcoin Back from the Dead,” and several others.
In the article titled “Is Bitcoin Back from the Dead,” Kiyosaki reflected on the 2021 bear market, attributing it to the decision by Elon Musk’s Tesla to stop its acceptance of Bitcoin for payment. Later, the company reversed the decision and began to accept the token again. Kiyosaki believed the reversal coupled with the relaxation of the attack on crypto in China were the catalysts that aided the recovery of the market at that time.
He described Bitcoin as digital gold and explained why he always goes for it whenever the price is low.
“As many of you know, I believe in Bitcoin. I was very excited when the prices dropped so I could buy more. Unlike most, I am not using Bitcoin to make millions. I’m using Bitcoin to protect my millions as insurance from the collapse of the dollar. I see Bitcoin as digital gold. What is interesting is how most crypto follows in the path of Bitcoin. If Bitcoin is falling, most coins will fall too. As Bitcoin rises, most coins will rise with it. This is why tracking Bitcoin is so useful; it signals when the crypto market will be entering a Bull or a Bear market,” Kiyosaki noted.
Notably, his article on “Bitcoin and Ethereum Crash” was channeled toward educating members of the community on how to leverage the bear market to their advantage. He described the bear market as the cycle of “optimism, pessimism, and professional investor.”
He said; “As a bull market turns into a bear market, the new pros – the weirdos – turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.”
Meanwhile, the “Rich Dad Community” also has a radio show which provides enablement for subscribers to learn from various experts in the industry. In recent times, the show has featured the likes of Max Keiser, Anthony Pompliano, Harry Dent, Jeff Booth, and many more.
When Jeff Booth appeared on the podcast show, he spoke to his host, Kiyosaki, and thousands of subscribers about why the world needs an asset like Bitcoin. According to the author of “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future,” Bitcoin facilitates a deflationary system, avails the broadest based abundance, and thrives in harmony with the environment. The guest added that the crypto remains “the only asset that cannot be manipulated.”
Without any doubt, Kiyosaki has established himself as a major crusader of Bitcoin and the crypto industry at large. Most of his messages have always been targeted at enlightening people on how they can use cryptocurrency to better understand emerging technologies. Today, millions of crypto investors, particularly on social media, usually look up to his recommendations, and insights about unfolding events in the volatile market. Interestingly, he doesn’t disappoint them.
Kiyosaki’s views provide a distinctive perspective on crypto investments and market trends. His first message to potential investors or beginners is always that they must have financial and technical knowledge about a project before venturing into it. Also, he usually advises them to keep a diversified investment portfolio that comprises crypto and traditional assets like stocks, real estate, and many more. Similarly, Kiyosaki believes crypto investment should be for a long-term purpose rather than the usual “get-rich-quick” mindset.
In late 2022, he advised his “Rich Dad Community” not to be discouraged by the crash in the market and instead, invest more into crypto. Although the “Rich Dad Poor Dad” author predicted a lengthy downturn, his stance about the cycle being the best time for investors to get rich has not changed. Then, he declared himself as being in a “cash position waiting to pick up bargains, especially in real estate and bitcoin.”
Meanwhile, amid various efforts by authorities across the globe to fully regulate the crypto market, Kiyosaki has no doubt about the survival of Bitcoin. Recently, he cited the stance of the U.S. Securities and Exchange Commission on the crypto as an indication that Bitcoin investors have nothing to worry about.
Recall that the regulator had earlier declared the largest crypto by market cap as a commodity, unlike other cryptocurrencies. This stance explains why Bitcoin has not been the target of the numerous enforcement actions of the SEC. In his reaction to this development, the famous author encouraged investors to acquire more Bitcoin.
Q: Are you investing in Bitcoin?
A: Yes I am. I am very excited about Bitcoin. Why? Because Bitcoin is classified as a commodity much like gold, silver, and oil. Most crypto tokens are classifed as a security and SEC regulations will crush most of them. I am buying more BC— Robert Kiyosaki (@theRealKiyosaki) December 31, 2022
Kiyosaki also found another reason to reemphasize the call for people to subscribe to cryptocurrency in March 2023. Then, the U.S banking giants, Signature Bank, Silicon Valley Bank, and Silvergate Bank plunged into bankruptcy and were eventually closed down. In a Twitter post, the author told his 2.2 million followers that “more fake money” would be integrated as bailouts in reaction to the banking crisis. He warned of an impending “crash landing” and advised his people to buy more Bitcoin, gold, and silver as alternatives to fiat.
BAIL OUTS begin. More fake money to invade sick economy. Still recommend same response. Buy more G, S, BC. Take care. Crash landing ahead.
— Robert Kiyosaki (@theRealKiyosaki) March 13, 2023
In July 2023, Kiyosaki predicted that Bitcoin will attain a $120,000 milestone in the future. His projection came in reaction to the forecast by the Standard Chartered Bank that the token will reach $50,000 before the end of 2023. In a tweet, he affirmed the possibility of Bitcoin attaining the $120,000 value in 2024.
August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush home. Inflation through the roof. Buy Gold,
Silver. Bitcoin to $120k next year.— Robert Kiyosaki (@theRealKiyosaki) July 11, 2023
Crypto and NFT Holdings of Robert Kiyosaki
Apart from his book sales and financial mentorship programs, Robert Kiyosaki soared his net worth by personally investing in cryptocurrency. According to our findings, he has a diversified crypto portfolio, dominated by Bitcoin and Ether. Since his first exposure to Bitcoin, the famous author has been accumulating more and has never found any reason to sell. However, the exact worth of his entire crypto portfolio is not in the public domain. But, Kiyosaki, in recent years, provided clues about his investment journey with cryptocurrency, particularly Bitcoin.
For instance, in one of his recent “Rich Dad” podcasts, he reflected on how he bought 60 Bitcoins at $6,000 each. Later, the famous investor confirmed that he accumulated more Bitcoin at $9,000 each. Similarly, he also hinted in 2022 and 2023 that he bought additional Bitcoins to aid his investment portfolio.
All of these give us an insight into how the massive rise in the crypto has helped surge the net worth of Robert Kiyosaki. As of July 2023, Bitcoin traded above $29,000. Certainly, he must have gained millions of dollars from his investment in the crypto. Therefore, it is safe to identify him as a famous Bitcoin investor. Meanwhile, you can also check our list to know more about other popular Bitcoin investors across the globe.
Notably, Kiyosaki also has Ethereum in his portfolio. His first exposure to the crypto can be traced to 2021 after he raised an alarm about rising inflation. In a Twitter post, Kiyosaki advised his followers to do the same.
Also, there are indications that he is bullish about NFTs. In recent years, his “The Rich Dad” platform provides bullish insights about NFT, particularly in terms of its growing adoption and popularity. However, Kiyosaki is yet to confirm if he holds NFTs or not.
Crypto and NFT Projects Featuring Robert Kiyosaki
Just like other influential Bitcoin proponents, Kiyosaki has been featured in numerous NFT collections. Some of these collections are live on OpenSea, the largest NFT marketplace on Ethereum.
Meanwhile, Kiyosaki’s activities in the industry, particularly with his “Rich Dad” brand should be featured on Wall Street Memes. Wall Street Memes is famous on social media platforms due to its catchy memes. By venturing into the saturated meme market, the project seeks to build and sustain robust engagement with the crypto and stock communities on social media.
Some of its memes usually feature animated images of individuals whose activities have continued to impact market situations in the investment world. In recent times, the likes of Jim Cramer, Jerome Powell, Changpeng Zhao, Sam Bankman-Fried, and many more have been featured in these memes.
One of the attributes that have distinguished Wall Street Memes from others is its superb team. The project is blessed with a vast team that has a proven record of expertise and success in the industry. Recall that this team had earlier ventured into NFT around 2021 after it developed Wall Street Bulls. To the surprise of many, this collection netted $2.4 million in sales within minutes of going live on OpenSea. Meanwhile, Wall Street Memes is yet to leave the NFT market. Around 2023, its team released 420 ultra-rare Bitcoin Ordinal NFTs.
Apart from its highly-skilled team, the activeness of its army of community members has also helped push the project to the mainstream. Over the years, the team built a strong and committed community due to its unique and amusing memes. Today, Wall Street Memes is one of the meme projects with a well-established social media community.
Literally
— Elon Musk (@elonmusk) March 18, 2023
The daily engagements of this community have helped the project secure the attention of Tesla boss Elon Musk, thereby birthing its comparison with Doge. Despite the fact that the billionaire only follows a few people on Twitter, he has noticed memes from the project and has even reacted to some of them. This simply means one of those followed by the Tesla boss is an active member of the Wall Street Memes community.
Also, the activeness of this community has been instrumental to its ongoing $WSM presale. In recent times, influential guys in its community leveraged their platforms to hype the meme coin. Just recently, one of them, Satoshi Stacker, featured the project in a video on his YouTube channel.
As of mid 2023, Wall Street Memes has been able to raise $18 million from the token sale, thereby becoming one of the biggest crypto presales in the industry. The meme coin has impressive tokenomics which has also contributed to its widespread adoption. Analysts understand that $WSM might be the next cryptocurrency to thrive if it sustains this momentum after the presale.
As part of its marketing strategies, the project has now launched an airdrop program worth $50,000 in $WSM. To benefit from this airdrop, you are expected to follow the project on all its social media handles. To know more, visit wallstmemes.com.
Robert Kiyosaki’s Net Worth – Our Verdict
Robert Kiyosaki made his ten-figure net worth through his smart investment in real estate, gold, silver, and cryptocurrency. Similarly, his educational endeavors, and financial training seminars through the “Rich Dad” project also contributed to his wealth. As of 2023, he has over 30 books to his name.
Apart from being a famous investor, Robert Kiyosaki is a major crusader for financial freedom and has over the years, told his followers that they should not trust the Fed, Treasury, and Wall Street. Most of his teachings are geared toward ensuring that people take necessary risks, understand emerging technologies, and the difference between assets and liabilities. Without any doubt, Kiyosaki’s activities, in recent years, reflect these teachings.
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FAQs
How many copies of the “Rich Dad Poor Dad” book have been sold globally?
According to Robert Kiyosaki, about 40 million copies of the book have been sold already.
How did Robert Kiyosaki make his money?
Robert Kiyosaki made his ten-figure net worth through his smart investment in real estate, gold, silver, and cryptocurrency. Similarly, his educational endeavors, and financial training seminars through the “Rich Dad” project also contributed to his wealth.
What's the 2023 net worth of Robert Kiyosaki?
The 2023 net worth of Robert Kiyosaki is estimated to be around $100 million.
