Robert Kiyosaki: $1.2 billion in debt stemming from property mortgages, non Bitcoin holdings
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According to BeInCrypto, Robert Kiyosaki claimed to be burdened with $1.2 billion in debt, which came from mortgage loans on apartment buildings rather than Bitcoin and gold holdings. Robert Kiyosaki's ex-wife stated that $1.2 billion was a loan shared with partners, involving approximately 1500 apartments, and Robert Kiyosaki's actual personal exposure was lower than this amount. Bitcoin does not guarantee any loans, and the collateral is physical property and rental income. Robert Kiyosaki Company filed for bankruptcy in 2012 after losing the lawsuit.