who wrote rich dad poor dad

What is Rich Dad Poor Dad about?

Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing. You don’t need to earn a high income to be rich.

When did Kiyosaki write Rich Dad Poor Dad?

Kiyosaki has kept the answer to this question a closely guarded secret since he first published his book Rich Dad Poor Dad in 1997.

How many copies did Rich Dad Poor Dad sell?

Since its original publication in 1997, Rich Dad Poor Dad has been translated into over 50 different languages and become a global phenomenon. Robert Kiyosaki is an American businessman and author who is best known for his book Rich Dad Poor Dad, which has sold over 32 million copies worldwide.

Can you read Rich Dad Poor Dad in three sentences?

The Book in Three Sentences. Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing.

What is the moral of the story Rich Dad Poor Dad?

One of the most empowering lessons rich dad taught in this section of Rich Dad Poor Dad was to “keep using your brain, work for free, soon your mind will show you ways of making money far beyond what I could ever pay you. You will see things that other people never see.

How did Robert Kiyosaki make his money?

The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.

Did Sharon Lechter write Rich Dad Poor Dad?

Sharon L. Lechter (born January 12, 1954) is an American accountant, author, and businesswoman. She is the co-author of Rich Dad Poor Dad, and the founder and CEO of Pay Your Family First, a financial education organization.

What is the Rich Dad Poor Dad philosophy?

“Poor dad” believes that one should work for money as a single-salaried employee at a stable job, and that a person's wealth largely depends on their family background. He believes that the most important things you can do to financially survive (or accumulate wealth) is to read and learn from successful people.

What does Kiyosaki say about Bitcoin?

Robert Kiyosaki dismissed bitcoin as valueless, and said he treats trading it like a game. The "Rich Dad Poor Dad' writer touted gold and silver over dollars, and bemoaned painful inflation. Kiyosaki advised investors to focus more on finding bargain assets, and worry less about rate hikes.

What is the monthly income of Robert Kiyosaki?

Robert Kiyosaki Net Worth 2022: Biography Income CareerNet Worth:$110 MillionSalary:$10 Million +Monthly Income:$1 Million +Date of Birth:April 8, 1947Gender:Male5 more rows•May 11, 2022

What are the six lessons in Rich Dad Poor Dad?

Rich Dad Poor Dad LessonsLesson 1: The Rich Don't Work for Money.Lesson 2: Why Teach Financial Literacy?Lesson 3: Mind Your Own Business.Lesson 4: The History of Taxes and The Power of Corporations.Lesson 5: The Rich Invent Money.Lesson 6: Work to Learn—Don't Work for Money.

Is Rich Dad Poor Dad worth reading?

Rich Dad Poor Dad isn't a well written book. In fact it's very repetitive and most people will have the core concepts down after reading less than half the pages on offer. Once you feel like you've got to grips with the message don't feel like you have to read on.

What did rich dad teach Robert?

'” Rich Dad said he was teaching the boys through real world experiences, not lectures. By giving Robert an opportunity to work for not enough money, Robert got a taste of how most people live their whole working lives. Most people always feel like they don't make enough money for everything.

How did Kim Kiyosaki become rich?

He and his friends were all entrepreneurs of various businesses. They all encouraged and supported her in becoming an entrepreneur. She had her first business that year. From there she and Robert went on to build several businesses, the most well-known and successful being The Rich Dad Company.

How did Dave Ramsey make his money?

Dave Ramsey is a personal finance guru and media personality. At the age of 26, Dave Ramsey was bringing home a quarter of a million dollars a year and had a $4 million real estate portfolio. 1 Two years later he lost everything.

How much money do I need to invest to make 1000 a month?

Assuming a deduction rate of 5%, savings of $240,000 would be required to pull out $1,000 per month: $240,000 savings x 5% = $12,000 per year or $1,000 per month.

What is the business of Robert Kiyosaki?

Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos.

Who is the author of Rich Dad Poor Dad?

Robert T. Kiyosaki. Best known as the author of Rich Dad Poor Dad — the #1 personal finance book of all time —Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes the world needs more entrepreneurs who will create jobs.

Who created the rippers wallet?

Robert rose to the #1 salesperson at Xerox. From there his entrepreneurial spirit kicked in. He created the company Rippers, along with his brother. Rippers was the first company ever to bring to market the nylon and Velcro “surfer” wallet.

What was Bucky's impact on Robert?

Bucky, as he was called, had an immense impact on Robert and as a result Robert set out to make a positive difference as an educator of entrepreneurship and money. In 1996 Robert and his wife, Kim, created and launched the CASHFLOW board game to teach people about money and investing in a fun and entertaining way.

Why Should You Read Rich Dad Poor Dad?

Explodes the myth that you need to earn a high income to become rich —especially in a world where technology, robots, and a global economy are changing the rules

Summary of Rich Dad Poor Dad

Learn the mind-melting truth behind how the rich live a life of luxury while the poor and middle-class languish at jobs they hate earning barely enough money to cover their daily expenses.

Rich Dad Poor Dad Author

Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom.

What is the book Rich Dad Poor Dad about?

The Book in Three Sentences. Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing. You don’t need to earn a high income to be rich. Rich people make money work for them.

What does "poor is eternal" mean?

Poor is eternal.”. “Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth. ”. “People’s lives are forever controlled by two emotions: fear and greed.”. “So many people say, ‘Oh, I’m not interested in money.’.

What do rich people acquire?

Rich people acquire assets . The poor and middle class acquire liabilities that they think are assets. Financial aptitude is what you do with money once you make it, how you keep people from taking it from you, how to keep it longer, and how you make money work hard for you.

What are the two main vehicles that Richard uses to achieve financial growth?

Richard uses two main vehicles to achieve financial growth: real estate and small-cap stocks.

What does wealth mean?

You need to learn how to have your increased efforts benefit you and your family directly.”. “Wealth is a person’s ability to survive so many number of days forward—or, if I stopped working today, how long could I survive?”. “The rich buy assets. The poor only have expenses.

Do the poor have expenses?

The poor only have expenses. The middle class buy liabilities they think are assets.”. “The rich focus on their asset columns while everyone else focuses on their income statements.”. “Financial struggle is often directly the result of people working all their lives for someone else.”.

Do you have to earn a high income to be rich?

You don’t need to earn a high income to be rich.

Who is the author of Rich Dad Poor Dad?

Robert Kiyosaki. Before talking about the real life man behind the Rich Dad character, it is important to learn more about the author of the book himself and why he wrote his now-famous book. Robert Kiyosaki is a famous entrepreneur who is well known for his best seller Rich Dad Poor Dad.

When did Kiyosaki publish Rich Dad Poor Dad?

Kiyosaki has kept the answer to this question a closely guarded secret since he first published his book Rich Dad Poor Dad in 1997. Now, over 20 years later, that book is the best selling personal finance book of all time and its main character, Rich Dad, has emerged as one of the most influential financial advisers in history, ...

How did Mike and Robert Kiyosaki learn financial independence?

Mike and Robert Kiyosaki learned critical lessons towards financial independence from Rich Dad. They both learned to work in order to learn as opposed to working solely for money. This is clearly demonstrated in the text where Rich Dad employed Kiyosaki to work for free in one of his superettes.

How many copies of Rich Dad Poor Dad have been sold?

Since it was published, Rich Dad Poor Dad has been translated into 51 languages. It is now available in 109 countries with over 27 million copies sold worldwide. After reading this popular book, most people begin wonder, “Who was Robert Kiyosaki’s Rich Dad?” You’re about to find out who this wise man actually is, as well as the lessons he taught Robert Kiyosaki about money.

Why was Rich Dad important?

Schools were more focused on offering academic skills while neglecting the financial skills, which Rich Dad thought were more important. He encouraged Robert Kiyosaki and his own son Mike to master the subject of financial literacy. Rich Dad drilled the importance of being financially independent into their heads.

Was Kiyosaki's father rich?

Despite his career success, he was always struggling financially. Kiyosaki contrasted his own father with his “Rich Dad,” who was his best friend’s father. Although this man was a high school dropout, he had become a successful businessman and eventually was named “one of the richest men in Hawaii”.

Is Rich Dad real?

In a subsequent interview with a Honolulu Advertiser, Kiyosaki clarified that there was in fact an actual person behind the Rich Dad but that others had also influenced this character he created in his books. Later in a second interview, Kiyosaki allegedly gave a journalist contact information for one of the actual Rich Dad’s sons. This journalist made a phone call and spoke with someone who said that Rich Dad was his father. Sadly, this call did not convince the journalist of Rich Dad’s authenticity, especially since that journalist had agreed prior to the call that he would not disclose the contact information or the name of the person to whom he spoke.