This Is How Robert Kiyosaki Has $1.2 Billion In Debt And Still Keeps Getting Richer

Robert Kiyosaki has $1.2 billion of debt, yet he is still getting richer. And here's how. Rich people use debt to buy assets. Assets are things that put money in your pocket. So think of apartment complexes, rental properties, commercial buildings, anything like that that you are taking out debt to buy, and ultimately the tenant is going to pay for that debt and then pay you a profit that you get to keep and take home. Whereas the poor and the middle class are taking out bad debt. This is your credit card debt, your car payment debt, your primary residence debt that is taking money out of your pocket. So that's the difference between good debt and bad debt. And that's why legends like Robert Kiyosaki are $1.2 billion in debt and still getting richer every single day.