Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad,” recently drew attention for claiming that he “owes 1.2 billion US dollars.” However, his former wife and long-term business partner Kim Kiyosaki said that this figure is not Kiyosaki's personal debt, but rather the total amount of debt he bears from real estate projects he co-owns with his partner. Kim Kiyosaki said that 1.2 billion US dollars is the total amount of debt borne by a group of real estate investors, not loans owed by Kiyosaki personally. She said that Kiyosaki owns about 1,500 apartments with its partner, so “strictly speaking, we do have this much debt,” but these loans are linked to corresponding real estate assets, and Kiyosaki himself bears a much smaller share.

Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad,” recently drew attention for claiming that he “owes 1.2 billion US dollars.” However, his former wife and long-term business partner Kim Kiyosaki said that this figure is not Kiyosaki's personal debt, but rather the total amount of debt he bears from real estate projects he co-owns with his partner. Kim Kiyosaki said that 1.2 billion US dollars is the total amount of debt borne by a group of real estate investors, not loans owed by Kiyosaki personally. She said that Kiyosaki owns about 1,500 apartments with its partner, so “strictly speaking, we do have this much debt,” but these loans are linked to corresponding real estate assets, and Kiyosaki himself bears a much smaller share.