Poor Man's Prophet Robert Kiyosaki, author of Rich Dad, Poor Dad says that everything you've been told about money is a lie. Is his vision setting us on the right track--or is it just more financial snake oil?

By Peter Carbonara with Joan Caplin

January 1, 2003

(MONEY Magazine) – The theater at Madison Square Garden, located beneath the famous New York arena, is a 5,600-seat venue that has played host to boxing matches, trade shows and numerous second-tier rock groups. One Tuesday night this past fall the attraction was Robert Kiyosaki, author of Rich Dad, Poor Dad, a financial self-help book now in its third year on the New York Times paperback bestseller list. For a solid three hours, standing in front of a table laden with purple and gold Rich Dad merchandise, the 55-year-old Kiyosaki told a full house of paying customers that most of what they thought they knew about money and finance was wrong.

A job with good benefits and a 401(k)? Strictly for suckers.

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