kschang (author) from San Francisco, CA, USA on July 17, 2012: In other words, he made his money from selling advice, not investing. Well, Can you publish a book that can give us the right formula on wealth kschang (author) from San Francisco, CA, USA on November 28, 2013: Whether he *could* have existed well, is irrelevant. A computer station is on site and WiFi is free in public spaces. In his latest book, Improve your Financial IQ, he relates a story about facing down an IBM hiring manager who was about to tell him to take a hike as he didn't have an MBA, unlike the other candidates. To those who had a father and a mother but are searching for the "biological" connection, you're missing the point to what is a mother and father. One of his college students turned into Robert Kiyosaki, writer of the Rich Dad, Poor Dad books, who primarily based the "wealthy dad" of his books on Kimi." Fel Amejan from Philippines on September 14, 2014: For me i don't care if it is true or not. And I've said so. Please read again. Kiyosaki's current net worth is about $80 mil, most of which from his books and his "classes" (taught by other people). Toy said the price is below the so-called per-room-key transaction record set in 2014 when the Kahala Hotel &Resort sold for $300 million, or roughly $887,000 a key. I'll leave you to figure out which one. It's now like 90 yen per dollar.). While there's no doubt that she decided to quit but later decided to stay on the series despite hers being a "bit part," and she probably did meet MLK Jr. at an NAACP convention, there's some doubt that MLK Jr. told her personally that he was a fan of the show, and that she must stay on the show because there must be a black person in space in the future, or something like that. Too bad i couldnt find a biography of Richard Wassman , i mean i wouldve expected to see him and his life story to be listed in WIKIPEDIA, especially now that its known that HE is the rich dad , i think this financial genius should be honored properly. Another idea, explained in Rich Dad's Prophecy, is that the stock market will collapse, in a fashion much bigger than the subprime mortgage mess, because baby boomers are retiring, and thus they will start taking money out of mutual funds, 401(k)s, CDs, stock markets, and so on in order to live on that money. It is what it is. Yes. He literally lost 80% of his investment. Good (2114 reviews) Resort Hilton Hawaiian Village Waikiki Beach. What an awesome article, I too have read many of Roberts books, and I too found flaws in them. If you need philosophical advice to get through your lack of motivation, then yes, his books will help. I think he also pulled in her Buddhist monk sister for a book too. It was interesting always wondered if the book was fact or fiction. However, researchers for various magazines have scoured the real estate records of Hawaii and can't find such a person. The incredible detail with which Kiyosaki has described Rich Dad over the past 18 years in books, speeches and interviews makes it very hard to believe that there wasn't at least one person in Hawaii that could have inspired this character. He was one of the first to put together air, room and car packages for residents, and he was a leader in taking reservations via fax machines and toll-free numbers. If not for him, I would be on the tread mill. In other words, entrepreneurship requires more than will. It also leaves me wondering if the term Rich Dad serves a double purpose, also giving a slight hint of who he was. Usually, they're about 20%30% off market price, with an occasional 40%. Here is rich dad, in real life http://www.hawaii-aloha.com/blog/2009/02/05/hawaii and .. USA parlament is thinking back to gold standar. If that's you, this resort (and. He was making Amway tapes then. RK's books may not compare to the Good Book, but the same idea I fell applies here, too. The hotel . 2005 Kalia Road, Honolulu, United States of America. So what if rich dad do not exist. In yet another book, he claims that the family of Rich Dad asked not to be identified. Kiyosaki has NO formal financial education and peddled his self-published book on seminars for years before he was discovered by Amway diamond rep Bill Galvin (whose name is in the "acknowledgement" in RDPD), who encouraged his "Yager Team" to adopt it as reading material, which FINALLY lead to the book being picked up by Warner Publishing. really. Rich Dad Poor Dad has offered over 32 million copies in greater than 51 languages throughout more than 109 nations, been at the New York Times bestsellers listing for over six years, launched a series of books and associated merchandise; and acquired advantageous opinions from some critics. It was a small hotel, one of the first along Banyan Drive, which now is lined with East Hawaiis largest hotels such as the Naniloa and Hilo Hawaiian. It's interesting that you try to use the "jealousy and envy" to deflect criticism. He did not wish his identity known during his lifetime and Robert did a great job of not revealing. I love Robert Kiyosaki, he was the reason I have been voraciously reading about real estate and success books. And people who have gone to a lot of conventions say the story gets longer and more embellished in each telling. Sure it takes time and resources, but it certainly isn't rocket science and definitely isn't impossible. It hasn't been without its critics and certainly Kiyosaki himself has had his share of problems over the years, especially from the licensing of the Rich Dad brand to outside companies. Even if this is a 'myth' most of everything he says I have experienced and gone through and he helps a lot with the understanding. and that they too can be successful? All I ask of this elite group on this forum is what ever works use it. So you see, there is some use to college after all. Your email address will not be published. Fine as "general principles", useless in actual applications. Kiyosaki's success comes from embracing the Network Marketing crowd even before his RDPD got published. :). I went to high school with Rich Dads son in east Honolulu. Keep in mind that if everyone who read the book followed the advice within and was successful, there would be no poor or the measure of what is actual wealth would be greatly elevated. So take the Rich Dad series of books for what they're worth: some rather generic advice that may or may not apply to you, with illustrative examples that may or may not be true, and personal anecdotes that may be true, false, or somewhat true but embellished. And if it matters whether you go to college or not, it is possible to get the wrong idea from the various "Rich Dad" books. In one book, the advice is "go big or go broke". kschang (author) from San Francisco, CA, USA on September 23, 2012: @Dontwitto -- AFAIK, Kiyosaki NEVER actually acknowledged Kimi to be "Rich Dad" or even inspired Rich Dad. Look for the quadrant diagrams and especially the pyramid diagram, then compare to Rich Dads business success pyramid usually found in the Rich Dad books and on the back cover. As I read more and more of Mr. Kiyosaki's books, I found that he is starting to rehash his own ideas. hyatt regency hotel waikiki owner rich dad Check Price & Availability Executive Member Benefit The Hotel Hukilau was consistently packed, mostly with people who lived in the islands. The problem is that a person who buys the book is likely to think that the examples given should be taken as gospel, 100% correct and 100% accurate. A book about Wall Street rumors discussed the idea, and found it to be a Chicken-Little "sky is falling" alarmist view, sorta like that of the 2012 alarmists. Personally, I don't mind if Rich Dad is actually a myth, because the books are extremely helpful. Over the following decade, Jay Pritzker and his brother, Donald Pritzker, working together with other Pritzker family business interests, grew the company into a North American management and hotel ownership company, which became a public company in 1962. A closed mind does one of two things when presented with new information and that is - 1. nikipa from Eastern Europe on September 10, 2011: I don't mind if it is myth either. Gill said Mirae is required to assume the Hyatt Regency Waikiki's union contract, which provides rights to some 500 workers. "At this point I don't think that there is any cause for concern among our members," Gill said. The Hyatt Regency Waikiki Beach Resort and Spa is located in Honolulu, Hawaii, just steps away from the world-famous Waikiki Beach and high-end shopping. There are 3 restaurants and 2 coffee shops/cafes, as well as a snack bar/deli. Required fields are marked *. Sharing that information was a gift Thank you. His name was Richard Wassman Kimi. Finally, dig deep into Kiyosakis old audio CD coaching program where he tells about going to a cabin to read the best selling books at the time and then came up with the idea for Rich Dad Poor Dad. Him and his brothers built Kimiville, a low-rent housing project in Hilo. Like the Secret, How to Win Friends and Influence People, Og Mandino books they have a following that is almost cult-ish and people tend to take what they say as literal fact. He met people, witnessed a few things and turned them into characters. The rest of the books are good because they are professional and often have experts giving their advice. There is no such thing as "formula to wealth", and anyone claiming so is at best self-delusional. I stopped reading the book after 3 chapters, and have been researching about the authenticity of the story. Assuming you merely misspoke and you actually mean US Congress, that would still be wrong. This article is accurate and true to the best of the authors knowledge. He passed away in 2009. I know for a fact that homes can be purchased for 45% off market value on occasion and even better is not impossible in certain markets. From what I'm getting, Robert here his tryna show us that not only education we get from the classroom be not the only instilled knowledge in us or our children, but to learn the skill and technique to be streetwise as well. WIshing you the best, Tina M Miller-SIlverman, I bless you and your family, your own mentor(s), your perseverance, your company. So if the US dollar falls consistently against other currencies (also not backed by gold), there must be some other explanation for the falling worth of the dollar, not just because it got off the gold standard. Kiyosaki's "Rich Dad" is a real person, not fictional character. Most of us don't have that much cash around. I am glad you found his advice to be helpful, but he's not the wise sage you think he is. He says he practically shamed the hiring manager into picking him instead of the other candidates who came in suits (he came still in his khaki uniform). Matt Stupar from Toronto, Canada on July 15, 2011: Definitely interesting research here! He bought them literally at the top (same as his Scottsdale investment property) and he is holding 2500 shares of nio stuml, nio share price is $10. Hotel in Waikiki, Honolulu Located in Honolulu, directly in-front of Waikiki Beach, ESPACIO THE JEWEL OF WAIKIKI offers a rooftop infinity pool, a full-service spa, and an exclusive fine dining experience at Mugen restaurant. Log in, Fitness app Strava really, really wants to be the social network for athletes The Verge. Well, let's just say that some people are natural-born storytellers. Hyatt Regency Waikiki Beach Resort & Spa 2424 Kalakaua Ave., Honolulu, HI 96815 United States (USA) View Map Reservations: 1-800-760-7718 Group Sales: 1-800-906-2871 4.0 Star Property Previous Next Very Good 4.0 /5 Check Current Prices Check-In Check-Out Rooms Adults Children Request a group block Room Types 1 K Dh Ocn Front Non-Smoking Hyatt Regency Waikiki Beach Resort & Spa 2424 Kalakaua Avenue, Waikiki, Honolulu, HI 96815, United States of America - Excellent location - show map 8.3 Very Good 827 reviews welcome free water bottles for my kids in our room Zhavlonbek United States of America 8.5 Top-rated beach nearby +50 photos City view Pet friendly Swimming pool Free WiFi Discover genuine guest reviews for Hyatt Regency Waikiki Beach Resort & Spa, in Waikiki neighborhood, along with the latest prices and availability - book now. Don't take all of his assertions for granted. That is what is going on here with Robert Kiyosaki's stories and books. Also, not all people are suited to be one quadrant or another. There is no doubt Kiyosaki is a great salesman/marketeer. Still, Toy said, it represents extremely high returns for Blackstone in a market where private equity funds are generally satisfied with 25 percent yields. You have done your surveyjust wanna ask you '' what is the size of your bank account?'' Thought I made that pretty obvious. Now, maybe people can lay this baby to rest, for a change. Man from Modesto from Kiev, Ukraine (formerly Modesto, California) on April 27, 2012: There is one possibility that really stood out as I read the quotes about who Rich Dad might be: Kiyosaki has created a cloud of disinformation so that people would cease looking for Rich Dad, who has truly requested to be left alone.