Robert T Kiyosaki. The man who turned his shortcomings into millions of dollars

It’s probably difficult to surprise anyone with the name of such a famous person as Robert T Kiyosaki.
His motivational speeches have been delivered in most developed countries around the world, and his books have helped millions of entrepreneurs, as well as bankrupt investors around the world, get back on their feet.

It is Robert T Kiosaki who teaches us to think of ordinary people as rich, since it is the very way of thinking that prevents us from realizing ourselves.

Despite the fact that Kiyosaki is subject to constant criticism, unlike other charismatic speakers, he independently went from an ordinary person to a multimillionaire, and along the way he more than once became bankrupt and found himself in huge debts.

That is why Robert’s speeches have a huge impact on society, because he teaches what he himself experienced.

Kiyosaki was born on April 8, 1947 on the sunny Hawaiian island of Hilo. Robert's family was provided for thanks to the income of the main breadwinner of the family, namely his father Ralph H. Kiyosaki. His father successfully graduated from the University of Hawaii and then completed qualifying courses at several other institutions of higher education, which allowed him to become the head of education in the State of Hawaii.

Robert's father also tried to run for the Republican nomination, and after failure in the elections, he retired from government affairs and opened his own cafe. Robert's mother worked as an ordinary nurse.

From childhood, Robert's environment was different from ordinary people, because he received his first education at a private school. After he graduated from high school, Robert T Kiosaki entered the USMMA Merchant Marine Academy.

Unfortunately, Robert immediately did not like education, because he did not see a practical plane for applying the acquired knowledge, but despite this, with poor grades and terrible attendance, he graduated from a higher institution and got a job at Standard Oil of California.

After working for only three months, Kiyosaki quits his job and, on a wave of patriotism, enlists in the army in order to take part in a military campaign in Vietnam.

After Robert entered the US Navy, he was sent for retraining as a helicopter pilot, after which he took part in combat operations and even received a medal for one of the battles.

After returning from the war, Kiyosaki wanted to continue his studies, so he enrolled in a two-year MBA program at a local university. However, even here Kiyosaki did not have success with his studies, because once again he was faced with theory, and did not receive the desired answer to the question of how to make money.

Having dropped out of the MBA program, he enrolls in a three-week course dedicated to investments into real estate, after which he buys his first property and successfully resells it.

In 1974, Robert T Kiosaki got a job as a sales agent at Xerox, and three years later he started his own business selling nylon products, and his know-how was special wallets for surfers that did not get wet and were in great demand on the island.


Unfortunately, by the beginning of 1980, business was simply terrible, and an attempt to launch the production of T-shirts for rock fans also deprived Robert of housing. According to unofficial data, Robert owed 850 thousand dollars to various banks, which he took out on credit for operations on the stock exchange.

After some time, Robert began to analyze his mistakes in business and, moreover, began to conduct seminars and convey to the audience the truth so that they would not step on the same rake.

As Robert's popularity increases, they begin to invite him to lectures at universities and enterprises.

Some time later, in 1995, Robert created his own educational company, Rich Dad`s Organization, in partnership with Sharon L. Lecter, who later helped him with writing a number of books.

When Robert was 47 years old, he wrote his first best-selling book, Rich Dad Poor Dad, and later The Cashflow Quadrant and Rich Dad's Guide to Investing.

Published by him books brought phenomenal income and popularity to Kiosaki, and he did not stop with the success he had achieved, but continued his investment activities, buying real estate and shares.

Currently, Robert T Kiyosaki's assets are estimated at more than $80 million.