
Book summary
Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
About the author
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Born: April 8, 1947, in Hilo, Hawaii
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Background: Kiyosaki is of Japanese-American descent and comes from a well-educated family. His "Poor Dad" in the book is based on his biological father, who was a highly educated government employee. The "Rich Dad" character is inspired by the father of his childhood friend, a savvy entrepreneur who mentored Kiyosaki on financial independence and investing.