Author | Robert kiyosaki |
---|---|
Country | United States |
Language | English |
Series | Rich Dad Series |
Genre | Self-help, personal finance, entrepreneurship, business, investing, economics |
Publisher | Warner Books Ed |
Publication date
|
April 1, 2000 |
Media type | Hardback and paperback |
Pages | 207 |
ISBN | |
OCLC | 43946801 |
332.024 22 | |
LC Class | HG179 .K565 2000 |
Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. It advocates the importance of financial independence and building wealth through investing, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence to improve one's business and financial aptitude. Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.
The book is largely based on Kiyosaki's childhood upbringing and education in Hawaii. It highlights the different attitudes to money, work, and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.
Among some of the book's topics are:
Kiyosaki advocated his former mentor and American futurist, Dr. Buckminster Fuller's views on wealth, that wealth is measured by the number of days the income from your assets can sustain you[1][2][3], and financial independence is achieved when your monthly income from assets exceeds your monthly expenses.
Rich Dad Poor Dad has sold over 26 million copies and received positive reviews from some critics. American talk show host and media mogul Oprah Winfrey endorsed the book on her show. Another celebrity supporter is actor Will Smith, who said he is teaching his son about financial responsibility by reading the book. American billionaire business magnate and President of the United States Donald Trump has read and praised the book and compared the book to his 1987 literary debut Trump: The Art of the Deal, which served as an inspirational book to Kiyosaki. Trump later did a literary collaboration with Kiyosaki in 2006 called "Why We Want You To Be Rich, Two Men One Message" and a second book called "Midas Touch: Why Some Entrepreneurs Get Rich-And Why Most Don't" in 2011. American fashion entrepreneur and investor Daymond John has called the book one of his favorites. American rapper Big K.R.I.T. made a song called "Rich Dad Poor Dad" though it had no connection to the book.