Robert Kiyosaki Warns 'Largest Crash in History Has Begun' Amid Financial Turmoil

Bestselling author Robert Kiyosaki, known for 'Rich Dad Poor Dad,' has warned that a 'largest crash in history' is underway in global financial markets.

According to Bitcoin.com on October 20, Kiyosaki stated on X (formerly Twitter) that 'the largest drop in history has begun,' adding that the downturn started in Europe and Japan in 2026 and is spreading worldwide.

He cited artificial intelligence investment frenzy, the Iran war, excessive debt, and Baby Boomers' retirement as causes. Kiyosaki also warned that investors aged 40 and above holding retirement assets like 401(k)s and IRAs could face difficulties.

Kiyosaki advised preparing for financial instability by holding Bitcoin, gold, and silver instead of cash. He noted he has invested in personal businesses, income-generating real estate, oil production facilities, and held gold, silver, and Bitcoin rather than cash for years.