Rich Dad Poor Dad Author @theRealKiyosaki Is $1.2B In Debt. Hannah Hammond & Robert Kiyosaki Podcast
In this brief podcast excerpt, host Hannah Hammond interviews Robert Kiyosaki, author of Rich Dad Poor Dad, about his reported $1.2 billion debt. Kiyosaki frames the debt as "good debt," arguing that borrowing money to acquire real‑estate assets is a core strategy of his Rich Dad philosophy. He contrasts this view with the conventional advice of his "poor dad" and financial guru Dave Ramsey, who advocate getting out of debt. Kiyosaki emphasizes using other people’s money (OPM) to create value, leveraging debt to purchase property, and notes that such leveraged investments can be structured to minimize or eliminate taxes legally. The exchange highlights the tension between traditional debt‑avoidance counsel and Kiyosaki’s leverage‑centric wealth‑building approach.
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