{
  "id": 6603177,
  "title": "'Rich Dad' Robert Kiyosaki is $1.2 billion in debt — on purpose. Here's why.",
  "url": "https://urgent.news/2026/09/10/rich-dad-robert-kiyosaki-is-1-2-billion-in-debt-on-purpose-heres-why",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T15:00:04.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/personal-finance/investing/article/rich-dad-robert-kiyosaki-is-12-billion-in-debt--on-purpose-heres-why-150004284.html"
  },
  "original_language": "en",
  "account": "Robert Kiyosaki, author of the 1997 bestseller \"Rich Dad, Poor Dad,\" often claims that his $1.2 billion debt is a deliberate wealth-building strategy. Kiyosaki rejects the common advice of \"live below your means\" and argues that the rich don't work for money, and your house is not an asset. He teaches his followers to use debt to generate income by acquiring cash-producing investments. Kiyosaki's ex-wife, Kim Kiyosaki, clarified that the $1.2 billion debt does not represent personal debt, but rather debt held by a group of real estate investors on a portfolio of approximately 1,500 apartment units. Critics caution against the dangers of taking on heavy debt, while Kiyosaki advocates for leverage to acquire cash-producing assets. However, Kiyosaki's approach may not be as effective today due to the current high interest rates and elevated property prices. Despite this, Kiyosaki advocates for disciplined leverage over reckless debt, emphasizing the importance of cash flow generated from real estate investments to cover costs and build equity.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}