Robert Kiyosaki says he’s $1.2 billion in debt: Why the ‘Rich Dad Poor Dad’ author says his massive borrowing is part of his real-estate strategy

Rich Dad Poor Dadauthor Robert Kiyosaki says he is $1.2 billion in debt, but most of the borrowing is reportedly tied to a real-estate portfolio he owns with partners. Heres how Kiyosaki uses property-backed debt, LLCs and leverage to build wealth, why his personal debt exposure may be far smaller, and the risks experts see in his strategy.

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