However, a corporation with money should be able to pay up for a minor royalty dispute (only $23 million compared to $400+ million in revenues). It wasn’t a personal bankruptcy, rather, a corporate bankruptcy. Basically, the company didn’t pay the proper royalties on its seminars, and when they lost in court, they didn’t have enough money to pay at all. All products and services are presented without warranty.Ī story came across the news this weekend about Robert Kiyosaki, the author of Rich Dad, Poor Dad, and how his company went bankrupt last month. The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website. strives to keep its information accurate and up to date.
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