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Story summary
- U.S. author Robert Kiyosaki says he carries $1.2 billion in debt and advises followers not to copy it.
- Kim Kiyosaki says the debt secures roughly 1,500 partner-owned apartment units and her personal liability is far smaller.
- John Poole, JPTD Partners founder, warns the $1.2 billion exposure could become catastrophic if markets fall.
- Poole calls the leverage “poor dad bankruptcy” for typical investors.
