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EconomyRich Dad, Poor Dad author’s vast debts spark awe and bitterness in China

News that Rich Dad, Poor Dad author Robert Kiyosaki has accumulated a staggering pile of debt has sparked heated debate in China, where property investors have endured painful losses during a deep market downturn. The 79-year-old Japanese-American author said in podcast interviews that he owed US$1.2 billion after promoting leverage to generations of investors.

Robert KiyosakiChinaproperty marketdebt

SSouth China Morning Post★★☆☆☆2026-09-05 08:00Original

Rich Dad, Poor Dad author’s vast debts spark awe and bitterness in China
Rich Dad, Poor Dad author’s vast debts spark awe and bitterness in ChinaEconomy