The famous author of Rich Dad Poor Dad, Robert Kiyosaki, has shared how he made most of his money. He stressed that the future of stock and bond markets will depend on startups in resources, not Silicon Valley technology startups, predicting that resources will be “the coming boom in the investment world.”
How Robert Kiyosaki Made Most of His Money
Rich Dad Poor Dad author Robert Kiyosaki has revealed on social media platform X how he made most of his money. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The renowned author shared on Dec. 24 that the Vancouver Resource Investment Conference (VRIC) is coming up on Jan. 20-21, where he will be one of the keynote speakers, as per the event’s website. Explaining why he believes this event is the “most important investor conference for 2024,” Kiyosaki emphasized:
The future of stocks & bond markets will depend on startups in resources, not Silicon Valley technology startups. I have made most of my money in resources, not tech.
“I got my start as a startup at the VRIC 25 years ago,” he further revealed, adding: “I will be there. I invite you to join me at the VRIC, be part of the coming boom in the investment world, resources.”
The Vancouver Resource Investment Conference is organized by Cambridge House International, which specializes in organizing and promoting investment conferences for the resource sector. Cambridge House CEO and the host of the VRIC, Jay Martin, explained that over 300 junior mining companies will gather at the event “to showcase exploration and production of the most critical commodities the world needs to move forward in the 21st century.” He opined: “We are entering a new era of de-globalization. The trust that allowed for global trade over the last 30 years has shifted irreversibly … Demand for key resources will skyrocket.”
Kiyosaki described in an interview with Stockpulse at the VRIC last year: “This is where real money is made.” He detailed at the time: “I was one of these junior miners standing out there … and I learned more here than I ever did anything myself about entrepreneurship, business, international trade, global trade.”
The Rich Dad Poor Dad author advised: “If you are a young person, you keep learning, keep learning by real-life experience.” He stressed, “Don’t listen to fake teachers,” highlighting that college courses rely on textbooks, lacking the real-life experiences shared by miners at the conference. However, he cautioned that gold mining is a “tough business” and carries “higher risk.”
Noting that investors can look for valuable commodities at the conference, he emphasized:
The world runs on resources.
At the time, Kiyosaki said he was looking for three things at the conference: gold, silver, and copper. “I don’t own any copper. I own a lot of silver. I found a silver mine in Argentina and Yamana Gold [Canadian mining company] bought it from me,” he shared, adding that he took Trixie Mine in Utah public in July this year. “So, watch what I do, not what I say,” he recommended, pointing out: “I do own tons of gold and silver.”
The renowned author has consistently endorsed gold and silver as sound investments. Additionally, he advocates for bitcoin, asserting that these three assets are the best investments for unstable times. In November, he advised investors to buy bitcoin now before it’s too late. Furthermore, he previously disclosed the reasons behind his ongoing BTC purchases.
What do you think about Robert Kiyosaki’s advice and explanation of how he made most of his money? Let us know in the comments section below.
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