Tag Archives: made-it-bigger

When The Checks Stop Coming In: Author Of “Rich Dad, Poor Dad” Goes Broke And Files For Bankruptcy

Bankrupt Dad? When you make millions giving financial advice to other people, the last thing anyone expects is for you to go bankrupt. Robert Kiyosaki, author of the best-selling book, “Rich Dad, Poor Dad,” has filed for bankruptcy. Kiyosaki made the move after being wiped out by a $24 million dollar lawsuit that he lost to the Learning Annex. Kiyosaki’s Rich Global LLC filed for bankruptcy after being ordered to pay nearly $24 million to the Learning Annex and its founder and chairman, Bill Zanker. US District Judge Shira A. Scheindlin in April ordered Rich Global to pay up $23,687,957.21 after a jury ruled Kiyosaki must give the Learning Annex a percentage of his profits after using their platform for speaking engagements, including a 2002 gig at Madison Square Garden. Rich Global filed for bankruptcy in Wyoming on Aug. 20. Zanker told us, “I took Kiyosaki’s brand and made it bigger. The deal was I would get a percentage, and he reneged. We had a signed letter of intent. The Learning Annex is the greatest promoter. We put his ‘Rich Dad’ brand on a stage. We truly prepared him for great fame and riches. But when it was time for him to pay up, he said ‘no.’ ” This has taken years in court. I won even more money than I asked for from the jury, then he declared corporate bankruptcy. Oprah believed in him, and Will Smith believed in him, but he didn’t keep his promise to us.” “Robert and [wife] Kim are not paying out of personal assets. We have a few million dollars in this company, but not 16 or 20. I can’t do anything about a $20 million judgment . . . We got hit for what we think is a completely outlandish figure.” Sounds like Kiyosaki won. He didn’t declare personal bankruptcy, just some defunct company with no money. Smart Dad after all. Source

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When The Checks Stop Coming In: Author Of “Rich Dad, Poor Dad” Goes Broke And Files For Bankruptcy

James Franco Is ‘Fascinated’ By ‘Twilight’

‘The go-to guys, Taylor and Rob, are in the tent [and] it’s almost like a ‘Brokeback Mountain’ scene,’ he tells MTV News of ‘Eclipse.’ By Kara Warner, with reporting by Josh Horowitz James Franco Photo: MTV News James Franco is becoming not only an actor-of-all-trades, what with his stints in dramas, comedies and soap operas, but also a bit of a Renaissance man, having gone back to school for a master’s degree, filming a documentary, etc. So it should come as no surprise that he has some very insightful thoughts on the phenomenon that is “Twilight.” When we caught up with Franco at the Toronto International Film Festival recently, where he was alongside director Danny Boyle promoting their buzzy “127 Hours,” we asked him his thoughts on the series. “I haven’t read the last one! I kind of know what happens … some very strange birth, right?” he asked rhetorically about Stephenie Meyer’s fourth book in the series, “Breaking Dawn.” “I read a part of it. I think I got to the sex scene, but it was so brief, I didn’t even know if it was the actual sex scene,” he admitted. “It was kind of a letdown after all that buildup.” But did he enjoy the three novels he has read? “I wouldn’t say I enjoy them, but I’m fascinated with them. I’m interested in the metaphor of the vampire placed in the high school setting and how a relationship with a vampire can stand in for general feelings that people have as teenagers,” he said. “And the obsession people have with that is also fascinating to me.” Franco also revealed that he has seen the three “Twilight” movies, enough to call out series superstars Robert Pattinson and Taylor Lautner by first names and cite the infamous “tent scene” in the process. “The movies are interesting also because they’ve really become part of the whole ‘Twilight’ phenomenon, and it’s really hard to extricate those actors from the reading experience or just the phenomenon of ‘Twilight’ now. They’ve become a part of it to the point that the movies are almost commenting on themselves,” Franco said. “There will be a scene where the go-to guys, Taylor and Rob, are in the tent, it’s almost like a ‘Brokeback Mountain’ scene, where the two guys are talking in a tent and the girl is asleep, and they’re having, like, this romantic moment almost through her, in a way. One of them says, ‘Well, I’m hotter than you,’ and it’s almost like they’re winking at the fans, like to the Team Jacob or the Team Edwards.” Perhaps we should enlist Mr. Franco for further “Twilight” analysis … What do you think of Franco’s “Twilight” enthusiasm? Let us know in the comments! Check out everything we’ve got on “The Twilight Saga: Breaking Dawn – Part 1.” For young Hollywood news, fashion and “Twilight” updates around the clock, visit HollywoodCrush.MTV.com .

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James Franco Is ‘Fascinated’ By ‘Twilight’

Taylor Swift’s Speak Now Is ‘Amazing,’ Selena Gomez Says

‘She took her style and made it bigger. It’s going to be really good,’ singer says of her pal’s upcoming album. By Jocelyn Vena, with reporting by Christina Garibaldi Selena Gomez Photo: MTV News On Tuesday, Selena Gomez will release her new album, A Year Without Rain . Fans already love its singles “Round & Round” and the title track, and now Gomez has the ultimate seal of approval on the album from her pal and fellow superstar Taylor Swift . “It was so funny, I got to see her and we played each other both of our records, and I was so excited,” Gomez told MTV News. “I’m so excited for her record ’cause it’s amazing. But then she heard mine and it’s so funny ’cause she’s very passionate and she’s very dramatic — which I think is why we’re friends because we’re both dramatic — but she has her favorites already.” So, what are the Swift-approved tracks? “She likes ‘Rock God and ‘Ghost of You’ a lot,” Gomez said. “But she definitely danced and had her little thing. She’s completely honest with me, so it was nice to have her feedback.” Gomez is just as stoked for Swift’s October release of her highly anticipated Speak Now album. “My favorite songs from her record would be ‘Dear John’ and another one … it’s number 13 on the record ’cause that’s her favorite number … it’s really sweet,” she teased. “There’s two that I’m absolutely in love with.” With fans already getting a taste of Swift’s new album thanks to “Mine” and the VMA-premiered track “Innocent” hitting the airwaves, Gomez thinks they’ll really love what they hear. “Her album is going to be awesome. I think people are gonna be really surprised. It’s not different [but] you just don’t really believe she could top it, in a way,” she explained. “She took her style and made it bigger. It’s going to be really good.” Related Videos MTV News Extended Play: Selena Gomez

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Taylor Swift’s Speak Now Is ‘Amazing,’ Selena Gomez Says