‘Rich Dad, Poor Dad’ Author Files for Chapter 7 Bankruptcy

Date: Oct 12 2012

Filed under: Personal Finance, Debt

Robert Kiyosaki, author of the bestselling “Rich Dad, Poor Dad” series, has filed for Chapter 7 bankruptcy protection after losing a nearly $24 million court judgment to The Learning Annex, The New York Post reports.

As one of Kiyosaki’s earliest backers, The Learning Annex was responsible for arranging the speaking engagements and platform that led to his massive success.

But apparently the fame went to his head because according to court papers obtained by the Post,…

‘Rich Dad, Poor Dad’ Author Files for Chapter 7 Bankruptcy originally appeared on DailyFinance.com on 2012-10-12T09:15:00Z.

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