Robert Kiyosaki, author of "Rich Dad Poor Dad," stated that his $1.2 billion debt is part of his wealth accumulation strategy, aimed at leveraging investments that generate cash flow. His ex-wife and long-time business partner, Kim Kiyosaki, clarified that this debt is not personally owned by Robert but is associated with a portfolio of approximately 1,500 apartment units held by a group of real estate investors, with their personal liability significantly limited through legal arrangements. Kiyosaki advocates using "good debt" to expand income and opposes traditional financial advice to "live within your means." Wealth advisors have noted that Kiyosaki's strategy was highly effective during specific periods of low interest rates in the past, but replicating it has become more challenging in the current environment of high housing prices and high interest rates.