Robert Kiyosaki, author of the famous book Rich Dad Poor Dad, has racked up $1.2 billion in debt;

Robert Kiyosaki, author of the famous book Rich Dad Poor Dad, has racked up $1.2 billion in debt; Robert Kiyosaki has been teaching people for years how to get rich, and has written a number of books on financial and personal development, but he currently has $1.2 billion in debt. He follows a certain philosophy and has a well-known saying that goes: “If you owe a bank $20 million and can’t pay it back, the problem is yours, but if you owe $1 billion, then the problem becomes the bank’s.” Robert generally believes that wealthy people borrow money from others to use it to buy assets that generate income. + Me and Robert are pretty much the same, except when I borrow money, I have to borrow again from someone else to pay back my first loan, and this cycle keeps going.