The Magic of “Rich Dad, Poor Dad”

Robert Kiyosaki was a motivational speaker and author who was famed for his bestselling book “Rich Dad, Poor Dad.” He was born in Hawaii of a Japanese father and American mother.

Kiyosaki was a US Marine Corps officer and a helicopter gun pilot during the Vietnam War. He was a salesman for the Xerox printing company after his short stint with the US Marines.

His first entrepreneurial success was in 1977 when he became an importer of nylon and Velcro wallets. Because of his association with surfers that time, his wallets were known as “surfer wallets” and gave him good profits.

Kiyosaki opened a school in the mid-80s where he taught his financial philosophies. He developed a board game which he named Cashflow 101. The game was designed to help players learn the basic principles of personal finance and investing while remaining entertaining.

His ultimate success came with the publication of a series of books called “Rich Dad, Poor Dad.”  The series has 8 books with themes revolving around business, personal finance, real estate and investing. The series sold more than 17 million copies.