Robert Kiyosaki, author of 'Rich Dad Poor Dad,' commented on June 7 via Facebook about India's Cockroach Janata Party (CJP), a protest movement that emerged following controversial remarks attributed to India's chief justice during a court hearing. The movement was founded by Boston University graduate Abhijeet Dipke and rapidly amassed millions of online followers before organizing demonstrations in New Delhi focused on education scandals and examination paper leaks. Kiyosaki used the CJP phenomenon to reinforce his longstanding argument that younger generations globally are losing faith in traditional economic systems that promised education and hard work would lead to financial stability.
Cockroach Janata Party Origins and Kiyosaki's Economic System Critique
According to Kiyosaki's Facebook post, the CJP movement began after comments comparing certain unemployed or unproductive individuals to "cockroaches" sparked outrage online in India. The chief justice later clarified that his remarks were directed at people with fraudulent degrees rather than young people broadly.
Abhijeet Dipke launched social media accounts and a website shortly after the remarks surfaced. Within weeks, the movement amassed millions of followers online and organized demonstrations in New Delhi seeking the resignation of education minister Dharmendra Pradhan.
Kiyosaki wrote: "The system failed. And they are noticing." He pointed to challenges facing young people in countries including India, the United States, and the United Kingdom. He argued that artificial intelligence (AI) and social media are accelerating public awareness of economic and institutional weaknesses that might otherwise have gone unnoticed for years.
Kiyosaki described the phenomenon as evidence that younger generations are becoming increasingly willing to challenge institutions they believe have failed them.
Kiyosaki Issues Cease-and-Desist Notice on Investment Misrepresentation
On May 18, Kiyosaki issued a statement on X warning followers about individuals allegedly using his name to promote investments. "My attorney has sent a 'Cease and Desist' notice to someone or group who is using my name to state investments I recommend," he wrote.
Kiyosaki emphasized that while he regularly discloses his own investments, he does not provide individualized investment advice and does not consider himself a financial advisor. He clarified that he continues to hold positions in gold, silver, Bitcoin (BTC), Ethereum (ETH), oil, and cattle — investments he says he has owned for years.
He reiterated that he does not invest in publicly traded stocks, bonds, 401(k)s or IRAs.
Asset Performance Data as of Press Time
Bitcoin is down 30% this year and was trading at $61,769.96 at press time. Ether is down 45% and was trading at $1,649.23.
Gold is down 3% this year and was trading at $4,256.97 per ounce. Silver is down 12% this year and was trading at $65.14 per ounce.
The asset to surge the most this year is oil due to the U.S.-Iran war. WTI crude has surged more than 50% this year and was exchanging hands at $88.18 a barrel. Brent crude has similarly surged more than 50% this year and was trading at $91.46 a barrel.
FAQ
What did Robert Kiyosaki say about India's Cockroach Janata Party on June 7?
Robert Kiyosaki posted on Facebook on June 7 highlighting the rapid rise of the Cockroach Janata Party (CJP), a protest movement in India founded by Boston University graduate Abhijeet Dipke. The movement emerged after controversial remarks attributed to India's chief justice and amassed millions of online followers before organizing demonstrations in New Delhi focused on education scandals and examination paper leaks. Kiyosaki used the CJP phenomenon to argue that younger generations globally are losing faith in traditional economic systems.
What investments does Robert Kiyosaki hold according to his May 18 statement?
On May 18, Kiyosaki clarified via X that he continues to hold positions in gold, silver, Bitcoin (BTC), Ethereum (ETH), oil, and cattle — investments he says he has owned for years. He emphasized that he does not invest in publicly traded stocks, bonds, 401(k)s or IRAs, and does not provide individualized investment advice despite regularly disclosing his own holdings.
