CNBC Insight The Story of Robert Kiyosaki, a Financial “Temperature” Who Often Goes Bankrupt Entrepreneur – 7 hours ago


Jakarta, CNBC Indonesia – Robert Kiyosaki is always talked about by everyone who wants to have good financial security. You could say, he is “temperature” in this field.

His various books always serve as financial references and inspiration. Name a famous one Rich Dad Poor Dad (1997) and Why The Rich Get Richer (2008), .

Both books contain Kiyosaki’s personal experiences and attempt to guide the reader. He wants to encourage people to develop assets, invest and earn passive income as early as possible.


Kiyosaki’s followers often wait for his advice on Twitter about financial news. Then, who is Robert Kiyosaki?

Robert Kiyosaki was born in Hawaii in 1947. He is of Japanese descent who grew up in the United States, from school to work.

Launching the page Finbold, after graduating from high school in 1965, he studied at the United States Merchant Marine Academy (USMMA) in New York. As the name suggests, the school is a graduate-level military school to train civilians in combat efforts to assist the United States Armed Forces.

After graduating in 1969, he volunteered for the Air Force and officially joined the army. Quoting the US Marine Corps Forces page, Kiyosaki was assigned to the Vietnam War as a helicopter gunner in 1972-1973, although it ended in defeat.

After losing and returning home to the US, he changed his career to become a salesman at Xerox Corporation. It was thanks to that profession that he learned a lot about business and finance.

From here, his entrepreneurial spirit was formed until he dared to establish his own company called Rippers in the 1970s. Rippers sells nylon wallets and surfers. However, the business soon went bankrupt.

Not giving up, Kiyosaki founded another company in 1980. This time it was engaged in making t-shirts for rock bands. Initially selling well, but ended in bankruptcy in 1985.

The failure of these two companies clearly caused Kiyosaki to suffer losses. However, from there he learned a lot about business and tried to avoid it.

Since building the business back up, he’s also made an effort to educate people about finances. Launch The College Investor, He started giving seminars in the US to young people to motivate them to have good financial literacy. This is where his name rose to fame.

In 1994, at the age of 47, he retired from business. After that, he decided to become an investor in real estate and the stock market. Since then he began to write diligently.

Every time he writes, his books sell well on the market. In fact, through books Why We Want You to Be Rich (2006), he collaborated with businessman Donald Trump to educate people about finances.

Now, Robert Kiyosaki is also active in providing motivation and predictions regarding the financial sector, either on his personal X account or through various media. Most recently, he predicted that the US economy would become the poorest country.

“(Under Biden’s leadership) America will be the poorest country in the world, from now on,” he said in a podcast, quoted on Tuesday (28/11/2023).

This prediction, like his other sayings, is accompanied by financial tips. From this statement, Kiyosaki advised the public to be safe by controlling the following assets, such as gold, silver and property.

[Gambas:Video CNBC]

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