But Ole Mali cant afford airtime worth 100 bob despite owning 60 acres of land while someone else can afford airtime worth 1k,drive an 850k premio,eat pizza while Olemali sleeps hungry despite owning the land.

Actually a UN report puts the Maasai as the most wealthy of Kenyans.. that is because when you convert all their land and animals into cash... VOOOOOOMMMMM! league ya Pattni.. na si Kamlesh but the recent Gold exporter..

The problem with us is not how we measure wealth but how we live with our wealth.. hence a fella in Loresho in a 10M house a 3M car and 10M in the bank, 1M every month is a millionaire.. In a given year his/her net worth is 50M...

One Maasai sold me a zilch of his land in Kajiado..Signed with his thumb, banked 10M, adjusted his shukas, and went back to herd his cattle.. He still has 100 such plots remaining (forgeting the livestock that ends up in Kiamaiko at 20000 a bull, 4000 goats and sheep).
No car, no loans, no health issues, no beer on Fridays, no kids to take to expensive schools (they rush to nearby DEB when they feel like).
I wonder what they do with all that money..

Some of us will dispose off that land to fellow Nairobians at twice/thrice the buying price and come here and post on how we made our first million.. ;-)

Life indeed is all about perceptions and satisfaction...

Personal cars and the house you live in (if you own it) are assets, but they are not investments. (A taxi/matatu/rental property is an investment and an asset). We need to differentiate the two. The fact that you spend money to maintain the personal car does not make it a liability, assets are expected to have maintenance/running costs.

You can review your class 6 business education notes if you are still contesting this.

didn't Kiyosaki file for bankruptcy just the other day

Ali Baba,
There is corperate bankruptcy and personal bankruptcy neither of them allow anyone to avoid significant fiscal responsibilities because either way you much prove to the courts that you cannot meet your obligations.

Mr Kiyosaki must have file corporate bankruptcy, chapter 11. You can argue that Mr Kiyosaki and his business are two separate entities.

No one who is able to service their debt can file for personal bankruptcy, it just doesn't happen, even if you manage to fool the courts, it is not even worth, the flag of bankruptcy cost more than how much it would cost to service the debt.