This best-selling personal finance author of 'Rich Dad, Poor Dad' Robert Kiyosaki, says he’s racked up more than $1 billion in debt
Nougat @ Nougat @kbin.social Posts 22Comments 1,917Joined 2 yr. ago
Nougat @ Nougat @kbin.social
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22
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1,917
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Years ago, I read it up until the point that he described his "wallet" endeavor.
He decided he was going to sell shitty velcro wallets. So he got some factory in SE Asia or China proper to manufacture them for pennies, and he sold them for dollars. As I recall, he was proud of how low paid the labor was.
So just like every other cockhole who thinks they're "self made," he started with money, used that money to exploit far away people with less power than him, and sold a product that nobody needs to people who could have spent their dollars on something more useful.
Of course, whatever substantial money he ever made was from the book. Just another scammer.