Robert Kiyosaki claims he owes $1.2 billion, but this figure represents a partnership total, with his personal share estimated between $30 and $60 million based on his annual income of approximately $3 million. This debt is secured against residential buildings representing roughly 1,500 apartment units and not by his Bitcoin or gold holdings, which currently trade around $77,425. An expert warned that leverage works well when prices are rising but can become devastating if real estate prices stop climbing. Kiyosaki warns his millions of followers about system collapse due to cheap credit while himself relying on the same credit for his real estate portfolio. His company Rich Global LLC previously filed for Chapter 7 bankruptcy in 2012.
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