Suze Orman and Robert Kiyosaki in advice smackdown

Television's Suze Orman has engaged in a war of Tweets with 'Rich Dad, Poor Dad' author Robert Kiyosaki
APR 15, 2010
Financial guru Robert Kiyosaki and talk show host Suze Orman have taken the gloves off in a public sparring match slamming each other's investment philosophies. The first jab in the smackdown, which has been playing out on Twitter, was taken by Mr. Kiyosaki, a proponent of real estate investing. The author of “Rich Dad, Poor Dad” bashed Ms. Orman in a Tweet on Monday by saying, “No way in hell she believes what she teaches.” Shortly after, Ms. Orman sniped back with an all capitals Tweet: “At least, I did not lead millions of people down the path to lose all of their money in real estate as you did. Shame on you.” (Who would you side with? Sound off in our Orman v. Kiyosaki forum) Mr. Kiyosaki didn't stop the battle and instead tweeted back, “If we are talking about losses, how about the trillions lost through 401(k)s.” In another tweet he defended his strategies. “Real estate flippers have lost money but I teach investing for cash flow, not capital gains.” For their part, the two gurus have different philosophies. Mr. Kiyosaki emphasizes business and real estate investments and Mr. Orman urges consumers to pay down debt and grow sizeable nest eggs for retirement savings.

Latest News

Stratos Wealth Holdings closes 11 acquisitions in push for advisory scale
Stratos Wealth Holdings closes 11 acquisitions in push for advisory scale

RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.

Beyond wealth management: Why the future of advice is becoming more human
Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management

Shareholder sues FS KKR Capital board, alleges NAV and dividend cover-up
Shareholder sues FS KKR Capital board, alleges NAV and dividend cover-up

Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.

UBS loses $1.2 million arbitration claim linked to variable annuities and margin
UBS loses $1.2 million arbitration claim linked to variable annuities and margin

UBS has a history of costly litigation stemming from the sale of volatile investment products.

'We are monitoring the situation,' SEC says of private funds
'We are monitoring the situation,' SEC says of private funds

New director David Woodcock puts firms on notice over fees, conflicts, and liquidity risk as private credit shows signs of stress.

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management

SPONSORED Durability over scale: What actually defines a great advisory firm

Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline