Book

Why We Want You to Be Rich

📖 Overview

Why We Want You to Be Rich brings together two prominent business figures, Donald Trump and Robert Kiyosaki, to share their perspectives on building wealth in modern America. The book emerged from their mutual association through The Learning Annex and their shared views on financial success. The text examines key economic challenges facing the United States, including the decline of the middle class, globalization effects, and mounting national debt. Trump and Kiyosaki present their analysis of these issues while advocating for increased financial education and entrepreneurial pursuits. The authors outline their preferred wealth-building strategies, taking a stance against traditional mutual fund investing while promoting real estate investment. They draw from their personal experiences in business to illustrate their financial philosophies and approaches. At its core, the book presents a critique of conventional financial wisdom while advancing an alternative vision of wealth creation based on active investment and business ownership. The work reflects broader debates about economic mobility and financial independence in contemporary America.

👀 Reviews

Readers found the book contained basic financial advice without much depth or concrete guidance. Many noted it reads more like a transcript of conversations between Trump and Kiyosaki rather than a structured finance book. Readers appreciated: - Simple explanations of financial concepts - Focus on developing a wealth mindset - Discussion of real estate investing fundamentals Common criticisms: - Too much self-promotion and bragging - Vague advice without actionable steps - Repetitive content - Dated references (pre-2008 crash) Multiple readers called it "a sales pitch for other Trump/Kiyosaki products" and noted it "states obvious problems without offering solutions." Ratings: Goodreads: 3.6/5 (2,800+ ratings) Amazon: 4/5 (500+ ratings) Barnes & Noble: 3.5/5 (50+ ratings) One frequent positive comment was that it helps readers "think differently about money," while a common complaint was that it "could have been condensed into 20 pages."

📚 Similar books

Rich Dad Poor Dad by Robert Kiyosaki This book explains wealth-building through real estate, business ownership, and financial literacy principles.

The Art of the Deal by Donald Trump The book presents Trump's business experiences and negotiation strategies in real estate development and corporate acquisitions.

Think and Grow Rich by Napoleon Hill The book distills success principles from interviews with 500 millionaires during the early 20th century.

Zero to One by Peter Thiel The book outlines strategies for building wealth through innovative startup companies and monopolistic business advantages.

The Millionaire Fastlane by MJ DeMarco The book presents a framework for wealth creation through business ownership and leveraged income streams rather than traditional employment.

🤔 Interesting facts

🔸 Published in 2006, the book reached #1 on The New York Times bestseller list within its first week of release and remained there for several months. 🔸 Despite being co-authors, Trump and Kiyosaki had never collaborated before this project, though both had separately written bestselling books about wealth-building ("The Art of the Deal" and "Rich Dad Poor Dad" respectively). 🔸 The book's genesis came from a chance meeting between Trump and Kiyosaki at a Learning Annex real estate event in 2004, where they discovered their shared concerns about America's financial education. 🔸 The authors donated a significant portion of the book's proceeds to charitable organizations focused on financial education, including programs for teaching entrepreneurship to young people. 🔸 Unlike most financial advice books of the time, this one predicted the 2008 financial crisis, warning readers about the dangers of the housing bubble and unstable financial markets two years before the crash occurred.