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Why the Rich Are Getting Richer by Robert Kiyosaki Review: New Ideas or Rich Dad Poor Dad, Round Two?
If you’ve already read Rich Dad Poor Dad, here’s the honest question this review needs to answer: does this book actually add anything new, or is it the same ideas repackaged? After finishing it, my answer is: mostly repackaged, with one genuinely useful addition — and that’s worth knowing before you spend your money.
What the Book Actually Argues
Kiyosaki’s core claim hasn’t changed since Rich Dad Poor Dad: it’s not income that separates wealthy people from everyone else, it’s financial education — specifically, understanding assets versus liabilities, and how debt and tax law can work in your favor instead of against you. His now-familiar line is that “savers are losers” in an inflation-driven economy, and that the traditional path (study hard, get a stable job, save diligently) is actually a losing long-term strategy compared to owning income-generating assets.
The one real addition here is co-author Tom Wheelwright, a CPA and actual Rich Dad tax advisor, who brings more specific detail on how tax law is structured to reward asset owners and business owners over salaried employees. That section is the most concretely useful part of the book — it’s less “mindset” and more “here’s actually how the tax code treats these differently.”
Where This Book Struggles
I’ll be direct: if you’ve read Rich Dad Poor Dad, large parts of this will feel like a familiar remix rather than a sequel with new territory. The core framework — assets vs. liabilities, financial education over income — is stated again almost identically. It leans hard into real estate as the primary path to building assets, and if you don’t have meaningful capital for a down payment already, that advice is much harder to act on than the book makes it sound. There’s also very little here on stock market investing as an alternative path, which feels like a real gap given how much of the book is about building passive income.
If you want the philosophy without paying for a second read of the same core ideas, our review of How to Attract Money by Joseph Murphy covers a very different (more mindset-focused) take on wealth psychology — worth comparing if you’re trying to figure out which money book actually fits how you think.
Who Should Read This
- Readers who haven’t read Rich Dad Poor Dad and want Kiyosaki’s philosophy plus a sharper look at tax strategy in one book.
- Anyone specifically curious about how tax law treats asset owners differently from employees — Wheelwright’s contributions are the standout value here.
- People already interested in real estate as a wealth-building vehicle, since that’s where most of the practical framing goes.
Who Should Skip It
- If you’ve already read Rich Dad Poor Dad closely, don’t expect a lot of new ground — you may find this closer to a refresher than a follow-up.
- If you’re looking for stock market or index-fund investing guidance, this isn’t where you’ll find it.
- If you don’t have capital for a down payment yet, be aware the real estate framing here assumes you’re closer to that starting line than a lot of readers actually are.
Final Verdict: 3.6/5
Why the Rich Are Getting Richer is genuinely useful for the tax-strategy angle Wheelwright brings, and Kiyosaki’s core philosophy still holds up as a mindset shift worth internalizing if you haven’t encountered it before. But if you’re already a Kiyosaki reader, go in expecting reinforcement rather than a new argument. Browse our full Books & Review section if you want to compare this against other money-mindset books before deciding where to spend your reading time next.
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