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Robert Kiyosaki reveals $1.2 billion in real estate debt
Robert Kiyosaki, author of the bestseller ‘Rich Dad Poor Dad’, has revealed that he carries approximately $1.2 billion in debt related to his real estate investments. During a recent podcast appearance, Kiyosaki explained that his strategy involves using the increased value of owned properties as collateral to secure additional loans, which are then reinvested into other income-generating assets.
Kiyosaki emphasized that while he uses debt as a tool for wealth accumulation, general investors should not attempt to replicate his exact methods without extensive study, noting he has been studying this field since 1974. He also utilizes separate Limited Liability Companies (LLCs) for individual investments to create a ‘firewall’ that prevents risk from spreading between assets.
His former wife and business partner, Kim Kiyosaki, clarified that the $1.2 billion figure does not represent personal debt that he alone is responsible for repaying. She explained that the debt is tied to a joint investment structure involving partners who collectively own approximately 1,500 housing units, and that the debt is secured by the real estate assets themselves.