Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has weighed in once again on the subject of money and financial education. His book has been a global phenomenon for over two decades, remaining a top seller and translated into dozens of languages, reaching millions of readers worldwide who seek practical financial wisdom.

Kiyosaki shared on social media platform X earlier this week: “Does money make you rich? NO: In most cases, money makes people and countries poorer.” The famous author illustrated his point with real-world examples. Referring to professional athletes who earn millions but later lose it all, he detailed:

Records show that 65% are bankrupt 7-years after retirement.

He explained that the same pattern holds true for many lottery winners, where sudden wealth often leads to financial ruin.

Kiyosaki then turned to everyday earners to emphasize the long-term consequences of poor money habits. “Take the average working person, let’s say a waiter in America may easily earn $35K a year for 50 years, equals $1.75 million… and die poor.” His message was clear: income alone is not enough to create wealth.

The acclaimed author attributed these outcomes to inadequate financial education, often taught by teachers with strong academic credentials but weak financial experience, much like his “poor dad” from his best-known book. As a solution, Kiyosaki encouraged his followers:

Seek out rich teachers and friends… like my Rich Dad advisors, all who wrote books for active students about money, hardships, mission driven businesses, and successful entrepreneurship… people just like you.

He concluded with a powerful reminder: “Why win the lottery and go broke or why work all your life… only to end up poor? You are much smarter than that.”

Kiyosaki has long warned that without financial intelligence, both sudden wealth and a lifetime of wages can slip away. He consistently urges people to prepare for economic uncertainty, criticizing fiat currencies and the weakening U.S. dollar, while promoting assets such as gold, silver, and bitcoin as safeguards against financial collapse.

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