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This is an old revision of this page, as edited by Ernestogon (talk | contribs) at 00:52, 22 March 2024 (→‎Kiyozaki's Rich Dad was a real man: new section). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Article milestones
DateProcessResult
June 13, 2017Articles for deletionSpeedily kept
June 13, 2017Deletion reviewEndorsed

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Incorrect references to Kiyosaki "Illegal Schemes"

There are two references to alleged illegal Kiyosaki schemes regarding an Ohio lawsuit. The so-called "scheme" is by Bill Gatten, not Robert Kiyosaki, that relies on the Federal law, "Garn St. Germain Federal Depository Institutions Act of 1982; Title 12 United States Code 1701-j" to place property title within an Illinois-type revocable land trust without enabling the lender to invoke the "due on sale clause" by retaining the owner as a beneficial interest member of the land trust. The land trust is recognized more commonly as a "Revocable Grantor Trust". The legal issue has nothing to do with Robert Kiyosaki; only with Bill Gatten's complex legal structure involving his selling of shares of the land trust. The link to the John T Reed (who is an admitted failed real estate investor) article is a "guilt by association" hit piece against Kiyosaki regarding that Ohio case that has no legal connection to Kiyosaki. 161.97.246.51 (talk) 14:15, 14 June 2021 (UTC)[reply]

POV and reference problems

I did some quick cleanup of the article, removing many poor and unreliable sources. At this point it's pretty clear that the article is using far too much of Kiyosaki's own self-promotion as references, rather than independent sources. I've asked for help at Wikipedia:Biographies_of_living_persons/Noticeboard#Robert_Kiyosaki --Hipal (talk) 17:20, 26 May 2022 (UTC)[reply]

Criticism by John Reed

John Reed, a real estate advisor, points out that Kiyosaki's books often advise practices such as the illegal use of insider tips from rich friends (insider trading), as well as vulture real estate purchases and taking more debt on credit cards than one can handle and declaring bankruptcy whenever one's plans go awry.[1]

References

  1. ^ "Analysis of Robert Kiyosaki's Rich dad poor dad". www.johntreed.com. John Reed. Retrieved 13 November 2017.

When I was reviewing the references, I specifically left this one because he appears to be an expert. I think I ran across some independent references citing him as well. Wish I had noted them.

The references used in John T. Reed may be enough, though those are not what I had run across. I've restored the information in this article referenced by johntreed.com. --Hipal (talk) 16:22, 28 May 2022 (UTC)[reply]

You should review the last sentence of WP:SPS and the first sentence of WP:BLPSPS, and you should not have reinstated anything removed on good-faith BLP grounds without correcting the issue or obtaining consensus first per WP:BLPUNDEL. Morbidthoughts (talk) 01:32, 29 May 2022 (UTC)[reply]
Thanks for joining the discussion. That doesn't really move us forward much.
Dwight Garner (October 30, 2005). "Inside the List". The New York Times Book Review.
Steve Cannane (June 4, 2004). "Spare us the finance evangelists and their false profits". The Sydney Morning Herald.
Those are the two refs.
The second provides criticisms by both the author and Reed, and should be used for both.
The first is probably not usable, being a single-paragraph mention of the book "Rich Dad, Poor Dad". Quoting the last 1/3 or so:

Kiyosaki's kind of success can bring scrutiny. When I punched his name into Google, for example, the top hit was a strenuous, almost book-length put-down of "Rich Dad, Poor Dad" by the newsletter publisher John T. Reed. (Reed doesn't call Kiyosaki "the worst financial guru of my generation," but he comes close.) Still, as Kiyosaki said on CNN earlier this year: "The world is full of critics, and I ask those critics, 'Have you sold 20 million copies of a book so far? Are you a multimillionaire?' "

--Hipal (talk) 16:35, 29 May 2022 (UTC)[reply]

Why nothing about the two "Dad"s that made Kiyosaki famous? His system.

In the "Personal" section(s) there's little information. In particular, it's odd that a WP article on someone whose fame comes from a series of Rich Dad, Poor Dad books and seminars has no information about his real Dad ("Poor Dad") nor his financial mentor ("Rich Dad"). (Is he being fair to his late "Poor Dad"?) A major business partner online is his wife Kim.

Also, the article should summarize the main points of Kiyosaki's financial advice, system, life advice and conservative sociopolitical views. (He's still bitter about the contempt for returning Vietnam War veterans that he experienced in the 1970's.) 2603:8080:2102:63D5:75FC:5AC0:5DC6:7EBA (talk) 22:03, 2 January 2023 (UTC)[reply]

Relevant for lede?

The first sentence states "Robert Toru Kiyosaki (born April 8, 1947) is a Japanese-American businessman and author." Why is his ancestry included here? I didn't see anything about his race or connection to Japan in the rest of the article. I thought it was not normal in Wik to include racial/religious/ethnic details in the introduction if they are not particularly relevant. 2600:6C67:1C00:5F7E:99E4:A581:6D73:850 (talk) 17:43, 19 December 2023 (UTC)[reply]

Kiyozaki's Rich Dad was a real man

The Rich Dad was real, and his name is Richard Kimi. Born in 1925, this Hawaiian created a hotel chain in the Aloha State, and taught the now-famous Cashflow Quadrant to many students, among them a young Japanese American named... Robert Kiyozaki.

He prefered a tranquil, annonymous lifestyle as to avoid any outpouring of fame owing to his status as Kiyosaki's RD. He died in 2009.

For more info thre's a very read here: http://www.freedommentor.com/robert-kiyosaki-real-life-rich-dad/ Ernestogon (talk) 00:52, 22 March 2024 (UTC)[reply]

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