Robert Kiyosaki Reveals Bitcoin Made Him Rich, Plans to Get Even Wealthier With the Asset

Robert Kiyosaki, financial guru and author of the Rich Dad Poor Dad finance book, reveals that the pioneering cryptocurrency Bitcoin made him rich.

Financial guru and author of the Rich Dad Poor Dad finance book Robert Kiyosaki has revealed that the pioneering cryptocurrency Bitcoin made him rich.

The millionaire author has enjoyed an affluent life ever since his financial materials hit the limelight. However, he mentioned that Bitcoin and a few other assets contributed immensely to his current “very rich” status.

Kiyosaki Lauds Investment Advice from Warren Buffet

In the New Year’s Day tweet, Kiyosaki praised financial moguls Warren Buffet and Charlie Munger for crucial investment advice. He noted that although they failed to see the good in Bitcoin in its early days, their advice to “study, know, and understand what you invest in” was applaudable.

The high-ranking investor implied that he overlooked Buffet and Munger's “rat droppings” branding for Bitcoin and studied the asset instead. He disclosed that he passionately followed and listened to people who were more resourced than he was in matters relating to Bitcoin.

Eventually, the adoption of Bitcoin became part of his success story, as he became wealthy by holding the asset. Meanwhile, he mentioned that Bitcoin was not the asset that birthed his wealth status, as his gold, real estate, and silver investments also paid off immensely.

Author Plans to Get Richer with Bitcoin

Despite his magnificent portfolio, Kiyosaki revealed that he plans to get richer with Bitcoin. He expects his bet on the asset to keep yielding results as it nears mainstream adoption.

Moreover, his statement mirrors his bullish Bitcoin speculations. For context, Kiyosaki asserted in September that Bitcoin will hit $500,000 this year and $1 million before the end of this decade.

Notably, Kiyosaki is very big on Bitcoin. He recently stated that he will keep acquiring Bitcoin because it will continue appreciating. Meanwhile, he gave a milder Bitcoin target in the commentary, predicting a surge to $350,000 per coin before this year’s end.

If Kiyosaki's assertion is anything to go by, Bitcoin will have to surge over 263% from its current price of $96,200 to attain the target.