Robert Kiyosaki says he holds $1.2 billion in debt, using it to acquire real estate assets and legally avoid taxes
The "Rich Dad, Poor Dad" author stated in a recent podcast that he is not concerned by the figure. According to his former wife, the debt is held by a group of real estate investors, including Kiyosaki and his partners, tied to roughly 1,500 apartment units, with his personal share being much smaller. Kiyosaki's philosophy involves strategically using borrowed money to acquire income-generating and appreciating assets, leveraging tax-deductible interest payments to reduce his tax burden.
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