‘Rich Dad Poor Dad’ author Robert Kiyosaki reveals $1.2 billion debt
- ‘Rich Dad Poor Dad’ author Robert Kiyosaki says he has $1.2 billion in debt linked to his real estate investments.
- Kiyosaki says the debt comes from borrowing to invest in income-generating properties, rather than consumer spending.
- The $1.2 billion figure is not entirely Kiyosaki’s personal debt and is spread across properties held with business partners.
- Kiyosaki argues that “good debt” can help build wealth when it is used to buy assets that generate income.
Source: ndtv.com
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