Robert Kiyosaki's legal team fired off a cease-and-desist notice this week after someone used his name to dish out investment recommendations without his approval. The move comes as the best-selling author continues to publicly share his personal portfolio—gold, silver, bitcoin, ethereum, oil, and cattle—while insisting he's not in the advice-giving business.
The Cease-and-Desist
Kiyosaki's attorney acted after an unidentified party leveraged the 'Rich Dad Poor Dad' author's reputation to present specific investment guidance. The notice demands an immediate halt, though the recipient wasn't named in the brief statement. It's a reminder that even in the freewheeling world of crypto and alternative assets, using a celebrity's name without permission carries legal risk.
Kiyosaki's Stance
Kiyosaki has been vocal about his own holdings—he's disclosed positions in gold, silver, bitcoin, ethereum, oil, and cattle—but draws a hard line between sharing and advising. “I share what I own,” he's said in the past, “but I don't give financial advice.” That distinction is central to his brand. He's an educator, not a fiduciary, and he wants to keep it that way.
What He Actually Holds
The list of Kiyosaki's disclosed assets is short and straightforward: gold, silver, bitcoin, ethereum, oil, and cattle. No meme coins, no obscure DeFi tokens. It's a mix of hard commodities and two of the largest cryptocurrencies. The cattle inclusion raises eyebrows, but Kiyosaki has long argued for owning tangible assets. The message is clear—he's betting on inflation hedges, not hype.
What happens next depends on how quickly the impersonator complies. If they don't, Kiyosaki's legal team could escalate. For now, the notice is a warning shot: use the name without permission, and you'll hear from the lawyers.
