Robert Kiyosaki said in Oct. 16 posts on X that losing everything had helped him improve his financial judgment, but only because he learned from his mistakes. He said he had experienced five money problems, from having none to having too much, and warned that sudden wealth could be lost through an inflated ego or dishonest people with access to assets. He cited his own experience and examples including athletes and lottery winners; he did not present those examples as evidence that everyone who becomes wealthy will lose it.
