One of my favorite authors is Robert Kiyosaki. His book “Rich Dad, Poor Dad” and basic investment philosophy have helped me and millions of other people reach financial success.
So what is Robert Kiyosaki’s net worth? The short answer is that Robert Kiyosaki’s net worth as calculated by Forbes was 3.4 billion and his annual salary which is listed at $61 million. Robert also received an additional $7 million in dividends from the companies he invested in during 2015. In the same year, Robert Kiyosaki also received a $500,000 salary from an educational company.
It is important to know how much influence someone has over their community if we are going to understand what they have done with their money. If we were to look at how much Kiyosaki helped others achieve financial success, the number would likely put him over $100 billion.
This figure ends up being quite high by comparing it against other billionaires with similar salaries and investments.
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Lastly, he has been consistently able to generate returns from his investments in excess of the national average, which is even more impressive.
What is Robert Kiyosaki’s Net Worth?
The Robert Kiyosaki net worth total above of $3.4 billion was calculated based on his annual salary, dividends, and the average rate of return from his real estate deals. What many people do not know is that this is not the only source of income for Robert Kiyosaki.
He has also been credited for writing and publishing “Rich Dad, Poor Dad,” which is a personal finance book that teaches people how to make their money work for them instead of working for their money. This book has sold over 26 million copies worldwide, with over 11 million additional copies purchased by audio cassette in the United States alone. This book is one of the most successful personal finance books of all time.
How did Robert Kiyosaki Make his Money?
Kiyosaki is a renowned entrepreneur, investor, and self-proclaimed financial guru. His Net worth $3.4 billion is the net invested amount compared to his annual salary, which is $61 million. He began his career as a salesman for Xerox in Hawaii while studying at the University of Hawaii but was later fired after two months when he went back to school.
After that, he started a company that sold educational supplies to schools and called it ‘The Educational Book Company.’ Robert Kiyosaki sold the company for over $10 million, thus making him a millionaire at age 30.
After Kiyosaki retired from being a realtor in 2000, he ended up making his fortune as an author and investor. His net worth is now mostly derived from his real estate investments made in Hawaii and Arizona. Rich Dad, Poor Dad is his biggest success, but he has many more.
This also happens to be where he lives most of the time. He makes certain that his investing activities are primarily done within this location because he claims that some of his best investment returns have come from the deals that were negotiated with people living within close proximity to him.
Robert Kiyosaki Net Worth by Years
His net worth estimate has increased every single year. This shows that his investment and business activities in real estate have been very lucrative for Kiyosaki.
It also shows that he has executed many projects and developed great business relationships with leading businesses in real estate. His most successful venture so far is the 2006 purchase of the Hawaiian Island of Maui, which he purchased for a little over $100 million in 2010 . He has also made investments in Arizona as well as New York City, where he owns properties too. According to Forbes, his net worth was estimated at $3.
What Does Robert Kiyosaki Invest In?
Robert Kiyosaki is an investor mainly known for his real estate investments. He has made investments in states like Hawaii and Arizona, where he has also bought several properties, which include hotels, resorts, condominiums, and other related structures that have a huge effect on his net worth.
Kiyosaki has also invested in the stock market, where he owns several businesses. His investments have been diversified with a high potential of making him great returns on investment over the long term. He is known to invest in industries with low risks and high returns on investments.
Rich Dad, Poor Dad – Changed My Life
Kiyosaki in his own words.
What are Robert Kiyosaki’s Rich Dad, Poor Dad Investment Rules
There are a number of rules that Robert Kiyosaki follows for making his successful investments. These rules were devised and refined over the years when he worked for his first mentor, Dr. Tsui. There are some of the rules that Robert Kiyosaki follows which include:
1. Don’t buy anything you can’t sell quickly – As a rule of thumb, do not invest in anything that you cannot sell within 90 days or less. The main reason for this rule is to avoid getting stuck with assets which have depreciated and have been difficult to sell in the market because of recession or low demand in the market.
2. Buy for cash – The same rule applies to real estate investments, Kiyosaki does not believe in buying properties with debt. He believes that it is not a good idea to take on financial obligations that have high interest rates when buying assets.
3. Buy only what you need – Because of the fact that he has an abundance of cash, Kiyosaki only buys assets that are useful for his business purposes. This gives him the ability to use his money exactly how he wants it to be used without having too much risk involved. In his words, “I put the money where my mouth is. I believe in it.”
4. Buy assets that make you money – According to he, the real goal of buying assets is to generate profits. He goes further by saying that you can only become wealthy if you have more than one source of income. For people who want to have financial security, they must have multiple sources of revenue coming from many different kinds of business ventures and investments. This way they will not be too reliant on a single source of income and if one fails they will still have other revenue sources coming in to support their lifestyle.
5. Take care of yourself.
The last thing people want to hear when they are starting out in business is that they should start a spending diet. Taking care of yourself financially means that you have to take care of your health and fitness level as well. When you feel good about yourself you will be more productive and happier in everything that you do.
It’s important to remember that even though fitness may appear only to be a luxury, it really is a necessity for everyone, no matter what their financial status is. It’s no longer a luxury. You don’t have to work out to look good, you have to work out because you need it for your body and mind so that you can function at a high level.