Robert Kiyosaki Net Worth: How Rich Is the Author of “Rich Dad, Poor Dad”?

Robert Kiyosaki, the author of Rich Dad, Poor Dad, is worth an estimated $100 million. Following the phenomenal success of his bestselling personal finance book, Kiyosaki established a prosperous financial education company. His post-writing business acumen now likely far surpasses his writing career fame and Rich Dad Poor Dad’s nickname as one of the most successful personal finance books of all time.

Robert Kiyosaki, the legendary author of Rich Dad, Poor Dad, is worth a whopping $100 million. Following the phenomenal success of his bestselling personal finance book, Kiyosaki established a wildly prosperous financial education company. 

His post-writing business acumen now likely far surpasses his writing career fame and Rich Dad Poor Dad’s nickname as the top personal finance book of all time.

Who is Robert Kiyosaki?

Robert Kiyosaki, author of Rich Dad, Poor Dad. Image source: Network insider

Robert Kiyosaki was born on April 8, 1947, in Hilo, Hawaii, USA. He’s known as a writer, entrepreneur and motivational speaker, although many people might not know that he also served as a Marine Corps gunship pilot during the Vietnam War. Kiyosaki attended the Merchant Marine Academy at King’s Point in New York, and graduated from high school in 1965 and later joined the US Marine Corps.

Later on, Kiyosaki enrolled in an MBA programme at the University of Hawaii, but did not complete it. He then worked various jobs, including in sales at Xerox. In 1977, he founded a company called Rippers that made surfer-style nylon and velcro wallets. Despite finding some success, the company went bankrupt later.

After the dissolution of his company, Kiyosaki started investing in real estate and small-cap stocks. After facing some ups and downs, Kiyosaki started an education company in 1985, which later became Cashflow Technologies, Inc., the holding company of the Rich Dad brand and other similar brands in the mid-1990s.

Kiyosaki published his first book, If You Want to Be Rich and Happy, Don’t Go to School in 1993. After the positive reception the first book got, Kiyosaki published another book in 1997 titled ‘Rich Dad, Poor Dad’, which was a massive success and has sold over 32 million copies.

What is Robert Kiyosaki’s net worth in 2024?

Robert Kiyosaki’s net worth is estimated at $100 million. However, he has also recently claimed to be $1.2 billion in debt. 

Kiyosaki started amassing wealth with the phenomenal success of his best-selling book, Rich Dad, Poor Dad. Before he became a writer and an author, Kiyosaki started a company called ‘Rippers’ that marketed nylon and Velcro wallets.

Following Rippers, Kiyosaki a retail company which was licensed to make apparel for various rock bands, but eventually, this company also went bankrupt. After this, he shifted his focus to education and started a company called the Excellerated Learning Institute. He started the company in 1985 and sold it in 1994.

However, more progress came for Kiyosaki when he founded Cashflow Technologies, Inc. in 1997. This was the financial education company that would own and operate the Rich Dad brand. That same year, Robert Kiyosaki published his famous book, Rich Dad Poor Dad and it sold over 32 million copies.

Books and seminars

Kiyosaki has written and published 26 books in his lifetime, and he has sold more than 41 million copies worldwide. His book, Rich Dad, Poor Dad has sold over 32 million copies alone.

Some of his other books include Cashflow Quadrant: Rich Dad’s Guide to Financial Freedom, as well as books co-authored with Donald Trump, such as Why We Want You to Be Rich: Two Men, One Message. 

More recent publications include 2020’s Who Stole My Pension?: How You Can Stop The Looting, 2022’s Capitalist Manifesto: Money for Nothing – Gold, Silver, and Bitcoin For Free, and 2023’s Ravens: How To Prepare For And Profit From The Turbulent Times Ahead.

Apart from penning books, seminars are the mainstay of Robert Kiyosaki’s entrepreneurial approach. Most of the time, these seminars are run in a franchise-style manner by other specialists. Seminars can range in price from a few hundred to tens of thousands of dollars, but some are free to attend.

Final thoughts

Even though he published his last mega bestseller over 25 years ago, Kiyosaki remains one of the most successful personal finance authors of all time. Notably, Kiyosaki didn’t only build his wealth by writing, but also through investments in financial education companies. 

If you want to learn more about the net worth of other prominent individuals, check out our articles about Fed Chairman Jerome Powell and Tesla’s CEO, Elon Musk.