Robert Kiyosaki Biography
Kiyosaki is a renowned author whose work delves into personal finance and investing. Through his influential writings, he challenges conventional wisdom, encouraging readers to adopt new perspectives on wealth creation and financial independence. His approach emphasizes financial education and strategic thinking, empowering individuals to take control of their economic future.
Kiyosaki was born in 1947 in Hilo, Territory of Hawaii, into a family of Japanese descent. His father, Ralph Kiyosaki, was an educator, Hawaii's superintendent of schools, and a lieutenant governor candidate of the Republican Party. His mother, Marjorie Kiyosaki, was a nurse.
Kiyosaki graduated from Hilo High School, from which he was nearly expelled due to poor grades.
In 1993, Kiyosaki published his first book, If You Want to Be Rich and Happy, Don't Go to School. In his book, he encouraged parents not to send their children to college and instead to enter the real estate business.
In 1997, Kiyosaki founded Cashflow Technologies, Inc., a holding company that owns and operates the Rich Dad and Cashflow brands. Kiyosaki created the Cashflow board and video games to educate adults and children about business and financial concepts.
Kiyosaki settled a lawsuit in 2008 brought by Sharon Lechter, his former business partner, with an undisclosed sum. Lechter said Kiyosaki and his wife had enriched themselves and redirected assets in the business, which the Kiyosakis denied. She sold her stake in Rich Dad Company to them after the settlement and ended the partnership that lasted about 10 years.
(en.wikipedia.org)