This includes Rich Dad LLC, Whitney Information Network, Rich Dad Education and Rich Dad Academy. Kiyosaki operates through a number of companies that he owns fully or in part, and through franchisee arrangements with other companies authorized to use his name for a fee. Main articles: Rich Dad and Rich Dad Poor Dad He operates other external business ventures and investments. In 2012, Kiyosaki's company "Rich Global LLC" filed for bankruptcy and was ordered to pay nearly $24 million to the Learning Annex and its founder. In an interview with CBC, Kiyosaki described his books as an advertisement for his higher-priced seminars. Kiyosaki's earlier two businesses (for surfing bags with Velcro fasteners and T-shirts) went bankrupt. As per an interview with Forbes, Kiyosaki's main earnings come through franchisees of the Rich Dad seminars. Kiyosaki partnered with Amway to promote his book. In 1997, Kiyosaki launched Cashflow Technologies, Inc., a business and financial education company that owns and operates the Rich Dad and Cashflow brands. In his book, he encouraged parents not to send their children to college and instead to enter the real estate business. In 1992, Kiyosaki published his first book, If You Want to Be Rich and Happy, Don't Go To School. In 1994, Kiyosaki sold the education company. Around this time, he married his second wife, Kim, who had already invested in some real estate in Phoenix. In 1985, Kiyosaki cofounded the Excellerated Learning Institute, a business education company teaching entrepreneurship, investing, and social responsibility. Kiyosaki then started a retail business that made T-shirts, hats, wallets, and bags for heavy metal rock bands. Kiyosaki took a job as a sales associate for Xerox until June 1978. Kiyosaki and his products were featured in Runner's World, Gentleman's Quarterly, Success Magazine, Newsweek, and Playboy. The company brought to market the first nylon and velcro surfer wallets. In 1977, he started a company called "Rippers". In 1974, Kiyosaki attended the Erhard EST seminars, which he says changed his life. He was honorably discharged from the Marine Corps in June 1974. Per Kiyosaki, he enrolled in a two-year MBA program at the University of Hawaii at Hilo in 1973 while he still was in the military. Kiyosaki resigned after six months to join the Marine Corps, serving as a helicopter gunship pilot during the Vietnam War in 1972, where he was awarded an Air Medal. After graduating from college, Kiyosaki took a job with Standard Oil's tanker office as a third mate. He attended the United States Merchant Marine Academy in New York and graduated in 1969 as a deck officer with a Bachelor of Science degree and a commission as a 2nd Lt. Per Kiyosaki, he received congressional nominations from Senator Daniel K. Thereafter, most information on Kiyosaki comes from speeches and talks he has made of his life. Kiyosaki attended Hilo High School and graduated in the year 1965. Kiyosaki was followed by his three siblings - sisters Emi and Beth and his brother John. Kiyosaki (1921–1971), a registered nurse. Kiyosaki (1919–1991), an academic educator, and Marjorie O. A part of the Yonsei generation of Japanese Americans, he was the eldest son of Ralph H. Robert Toru Kiyosaki was born in 1947 in Hilo, then in the Territory of Hawaii. 2.1 Other business ventures and investments.Kiyosaki's company, Rich Global LLC, filed for bankruptcy in 2012. Kiyosaki is the subject of a class action suit filed by people who attended his seminars and has been the subject of two investigative documentaries by CBC Canada and WTAE USA. He has been criticized for advocating practices of debatable legality perceived as " get rich quick" philosophy. Kiyosaki is the author of more than 26 books, including the international self-published personal finance Rich Dad Poor Dad series of books which has been translated into 51 languages and sold over 41 million copies worldwide. However, some attendees have sued Kiyosaki on claims that his high-priced seminars did not deliver anything special. Kiyosaki's seminars in the United States and Canada are conducted in collaboration with a company called Whitney Information Network and are contracted out to local companies as franchisees in other countries. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Rich Dad, Poor Dad (financial education company), University of Hawaii at Hilo (dropped out) United States Merchant Marine Academy (BS)
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