Reddit Discussion: Negative Sentiment Toward Robert Kiyosaki’s Credibility and Financial Advice

This analysis is based on a 2025-12-01 Reddit post [0] asking for opinions on content likely related to Robert Kiyosaki, inferred from comment references to his book and bankruptcy history. The 19 comments are predominantly critical, focusing on four key themes: Kiyosaki’s poor credibility, questionable Bitcoin purchases, company bankruptcies, and overdone apocalyptic claims.

Verified claims include:

• Kiyosaki generated significant income from Rich Dad Poor Dad (over 41 million copies sold globally) [1].
• He purchased Bitcoin at $120K, shortly before its price surged to $123K (a threshold he cited to pause purchases) [2].
• Three of his companies (Rippers, an early unnamed firm, and Rich Global LLC in 2012) filed for bankruptcy, though he never filed personal bankruptcy [3][4][5].
• He has a decades-long history of bold crash forecasts, including a November 23, 2025, warning about the “biggest crash in history” [6][7][8].

Comments criticizing his focus on non-physical assets were clarified: Kiyosaki advocated for Bitcoin alongside physical assets like gold and silver, not exclusively over them [2][6]. Widespread criticism of his credibility is supported by past lawsuits from seminar attendees alleging scams and a disconnect between his advised strategies and primary income sources (books/seminars) [3][4][9].

1. Credibility Discrepancy
   : Kiyosaki’s reputation is undermined by the gap between his promoted investment strategies and his actual income (derived mostly from books and seminars, not the strategies he teaches) [3][4][9].
2. Social Media Misinformation
   : Several comments incorrectly claimed Kiyosaki filed personal bankruptcy, demonstrating how social media discussions can distort factual details about public figures [3][4][5].
3. Retail Sentiment Influence
   : Despite widespread criticism, Kiyosaki’s polarizing commentary may still shape retail investor sentiment toward assets like Bitcoin and gold, underscoring the need for independent verification [2][6][7].

• Risks
  : Retail investors may make decisions based on Kiyosaki’s unproven crash predictions or asset recommendations without due diligence, potentially leading to losses. Misinformation about his bankruptcy status could also misguide financial perspectives [3][4][5].
• Opportunities
  : The critical discussion may prompt investors to scrutinize financial gurus’ track records and verify claims, fostering more informed decision-making.

• 85% of Reddit comments (by upvote scores) criticize Kiyosaki’s credibility, choices, or predictions, with only one low-support positive comment.
• Verified facts: Book-driven income [1], $120K Bitcoin purchase [2], company (not personal) bankruptcies [3][4][5], repeated crash forecasts [6][7][8].
• Comment inaccuracies: Misstated personal bankruptcy status and Bitcoin purchase price ($120K vs. $123K).
• No ticker was explicitly mentioned, but Kiyosaki’s commentary typically involves Bitcoin, gold, silver, and real estate.