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Robert Kiyosaki, the infamous author of “Rich Dad Poor Dad” and one of Bitcoin’s most outspoken boosters, is once again in the spotlight. This time, he has generated headlines over a staggering $1.2 billion debt figure linked to his real-estate investments, theNew York Post reports.
Kiyosaki has long argued that debt can be a wealth-building tool when it is used to acquire assets capable of producing income.
However, the $1.2 billion figure should not be interpreted as money Kiyosaki personally owes.
His former wife and business partner, Kim Kiyosaki, told “Vanity Fair”that the debt is largely associated with a real-estate portfolio of roughly 1,500 apartment units. She said Kiyosaki’s personal portion of the liabilities is considerably smaller.
Vanity Fairestimated that Kiyosaki’s share could be somewhere between $30 million and $60 million.
He can borrow against the equity without selling the underlying assets. The borrowed money can then be used to acquire additional assets or provide liquidity.
Kiyosaki’s aggressive Bitcoin price targets
For years, the “Rich Dad Poor Dad” author has been among Bitcoin’s most aggressive price bulls, repeatedly predicting figures that have appeared extraordinarily ambitious compared with prevailing market prices.
In June 2024, for example, Kiyosaki said Bitcoin could reach $350,000 by Aug. 25. He subsequently stressed that the figure was a prediction, not a guaranteed outcome. However, he remained confident that Bitcoin could eventually reach the level.
His bullishness continued into 2025. Kiyosaki initially called for Bitcoin to reach $350,000 and later set a broad 2025 target of between $175,000 and $350,000. He even predicted that Bitcoin would eventually surpass $1 million.
One of crypto’s loudest bulls is betting on extraordinary future asset prices while operating a highly leveraged investment empire of his own.
Source: cryptonews.net