Rich Dad Poor Dad by Robert T. Kiyosaki book cover
Personal finance

Rich Dad Poor Dad

by Robert T. Kiyosaki

A boy in 1950s Hawaii gets two opposite money lessons from two father figures, and one of the best-known personal finance books ever was born.

★★★½☆ 3.5 / 5

A fast, motivating read with a couple of genuinely useful ideas, wrapped in big claims you should check for yourself. Read it for the mindset, not as a manual. Three and a half out of five. This is a book review, not financial advice.

Rich Dad Poor Dad: review and history fact check

Every guide comes as a video and a full written article. Pick the one you need: the review is spoiler-free, the ending explained is not.

What is Rich Dad Poor Dad about?

Rich Dad Poor Dad (1997) is Robert Kiyosaki’s personal finance bestseller, told as a story about two father figures in Hawaii: his highly educated “poor dad,” who says play it safe, and his friend’s self-made “rich dad,” who says learn how money works and make it work for you. It was self-published in 1997 and picked up by Warner Books in 2000.

Below you’ll find an honest, spoiler-free review that covers the six lessons, what holds up, and the well-documented criticisms, including questions about whether “rich dad” was real. This is a book review, not financial advice.

Rich Dad Poor Dad is a personal finance book dressed up as a story. Robert grows up in Hawaii in the nineteen fifties with two father figures. His real dad is highly educated and works for the government. His best friend Mike's dad never finished school, and builds a business empire.

Robert calls them Poor Dad and Rich Dad. Poor Dad says study hard and find a safe job. Rich Dad says learn how money works, and make it work for you. Robert says the lessons were drilled into him over thirty years.

The book was self published in nineteen ninety seven, and a big publisher picked it up in the year two thousand. It's short: an introduction, six lessons, and a few chapters on getting started.

Read it if
  • You're new to money and want a jolt of motivation
  • You've never thought about cash flow
  • You like short, punchy books with a strong point of view
Skip it if
  • You want a step-by-step investing manual
  • You need every claim sourced
  • Seminar pitches make you roll your eyes

Rich Dad Poor Dad review scorecard

Big ideas
4
Readability
4.5
Practical value
3
Evidence
2
Influence
4
Average3.5 / 5

Rich Dad Poor Dad: questions people ask

What is Rich Dad Poor Dad about?

Rich Dad Poor Dad is a personal finance book dressed up as a story. Robert grows up in Hawaii in the nineteen fifties with two father figures. His real dad is highly educated and works for the government. His best friend Mike's dad never finished school, and builds a business empire.

Is Rich Dad Poor Dad worth reading?

A fast, motivating read with a couple of genuinely useful ideas, wrapped in big claims you should check for yourself. Read it for the mindset, not as a manual. Three and a half out of five. This is a book review, not financial advice. Read it if: you're new to money and want a jolt of motivation; you've never thought about cash flow; you like short, punchy books with a strong point of view. Skip it if: you want a step-by-step investing manual; you need every claim sourced; seminar pitches make you roll your eyes. Review: Rich Dad Poor Dad →

What books are like Rich Dad Poor Dad?

The Psychology of Money by Morgan Housel, The Millionaire Next Door by Thomas J. Stanley and William D. Danko, The Little Book of Common Sense Investing by John C. Bogle, The Richest Man in Babylon by George S. Clason.

Who wrote Rich Dad Poor Dad and when?

Robert T. Kiyosaki wrote it. He self-published it in 1997, and Warner Books picked it up in 2000, according to Publishers Weekly (May 2022).

How many copies has Rich Dad Poor Dad sold?

Sales figures are mostly from the author's side. A 2015 press release and a 2019 CNBC article cite more than 32 million copies, and Publishers Weekly in 2022 said upward of 44 million. Treat these as reported, not audited, as of October 2026.

Was Rich Dad a real person?

It is disputed. Writer John T. Reed has questioned it, and Smart Money noted in 2003 that Kiyosaki avoided naming him. A 2009 Honolulu Advertiser obituary for Hawaii hotel developer Richard Kimi is cited as the real mentor, but that link is reported by secondary sources, as of October 2026.

Is Rich Dad Poor Dad worth reading?

As motivation and an introduction to cash flow, yes. As an investing manual, no. We rate it 3.5 out of 5. This is a book review, not financial advice.

Books mentioned in these videos

The Millionaire Next Door
Thomas J. Stanley and William D. Danko
The Millionaire Next Door book · The Millionaire Next Door audiobook
The Richest Man in Babylon
George S. Clason
The Richest Man in Babylon book · The Richest Man in Babylon audiobook

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