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Summary of Rich Dad Poor Dad

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March 23, 2023
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Rich Dad Poor Dad by
Robert Kiyosaki | Book
Summary by Paul
Minors




1

,INTRODUCTION

Who is this summary for?
This book is a great read for anyone interested in finances and what it takes to be a
wealthy person. In Rich Dad Poor Dad, Robert Kiyosaki summarises the lessons
learned from two different perspectives, that of a poor man, and that of a rich man.
Drawing on his own experiences, Kiyosaki discusses how to create financial
independence through investing, property ownership and building businesses.


About the author
Robert Kiyosaki has written over 20 books, and Rich Dad Poor Dad can be
considered the number one personal finance book ever written. Kiyosaki is
passionate about sharing his knowledge and founded the Rich Dad company in
1997 dedicated to providing personal and business financial education. Kiyosaki
lives in Arizona with his wife Kim and interestingly as a close relationship with Donald
Trump. Kiyosaki has co-authored two books with Trump and endorsed him in is 2016
presidential campaign.


In this summary
This summary will discuss five lessons of the rich that Kiyosaki outlines in his book.
We’ll begin with the first lesson; the rich don’t work for money followed by lesson
number two on the importance of teaching financial literacy. Lesson three covers
owning your own business and lesson four discusses the history of taxes. And finally,
we’ll discuss lesson five; why you should work to learn, not for money.




2

, BOOK SUMMARY

“Look around; the richest people didn’t get rich because of their educations.
Look at Michael Jordan and Madonna. Even Bill Gates, who dropped out of
Harvard, founded Microsoft; he is now the richest man in America, and he’s
still in his 30s.”


Kiyosaki point here is that it doesn’t take degrees or years of higher education to
make a rich person. You don’t even necessarily need good grades in school. There
are other ways to be successful with money, ways that not many people seem to be
talking about.




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