Robert Kiyosaki

[1] Kiyosaki was sued in a class action suit filed by attendees of his seminars,[2][3] and is the subject of investigative documentaries by the CBC,[4] WTAE-TV[5] and CBS News.

[9] His father, Ralph Kiyosaki, was an educator, Hawaii's superintendent of schools, and a lieutenant governor candidate of the Republican Party.

[13] In the 1980s, Kiyosaki became a motivational speaker in San Diego who ran a course on Erhard Seminars Training (EST) techniques called Money and You, which he attended in 1974 from the course's creator, Marshall Thurber.

[13] The business nearly collapsed in Australia in October 1993 after the Australian Broadcasting Corporation's Four Corners aired a documentary about emotional abuse in the course of the Money and You program.

In his book, he encouraged parents not to send their children to college and instead to enter the real estate business.

[13][15][16] Kiyosaki created the Cashflow board and video games to educate adults and children about business and financial concepts.

She sold her stake in Rich Dad Company to them after the settlement and ended the partnership that lasted about 10 years.

[21] The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name.

"[31] In 2006 and 2007, Kiyosaki's Rich Dad seminars continued to promote real estate as a sound investment, just before their prices came crashing down.

[17] Also in 2010, Allan Roth of CBS News documented what occurred when he attended one of Rich Dad's free seminars and dissected some of the tactics employed.