Robert Kiyosaki, a world-renowned author of books on financial literacy, said that his total debt amounts to $1.2 billion. Despite the scale of the sum, the entrepreneur does not consider it a problem.
The American businessman, investor, and writer Robert Kiyosaki reported that his total debt now exceeds $1.2 billion.
According to the author of the cult bestseller "Rich Dad Poor Dad," this figure does not scare him at all. On the contrary, he is convinced that large debts are, above all, a concern for banks, not for the investor.
Kiyosaki joked that if a person owes a bank $20 million, it is their problem, and when it is a billion, then problems already arise for the financial institution.
He emphasized that he uses borrowed funds to expand his investment projects. In his view, debts can be an effective lever for building capital if they are managed wisely.$GOOGLB $NVDAB $CL
The American businessman, investor, and writer Robert Kiyosaki reported that his total debt now exceeds $1.2 billion.
According to the author of the cult bestseller "Rich Dad Poor Dad," this figure does not scare him at all. On the contrary, he is convinced that large debts are, above all, a concern for banks, not for the investor.
Kiyosaki joked that if a person owes a bank $20 million, it is their problem, and when it is a billion, then problems already arise for the financial institution.
He emphasized that he uses borrowed funds to expand his investment projects. In his view, debts can be an effective lever for building capital if they are managed wisely.$GOOGLB $NVDAB $CL