This is so true. It is a direct result of the American dream and the (misdirected) idea that one’s success is a direct (and inevitable) consequence of hard work, talent and intelligence. Flash news: it is not, and success is massively dependent on luck and initial conditions. Dumb, lazy a$$holes with a rich/powerful dad will beat smart, hard working poor bastards almost every time, barring some black swan events. Now of course lots of people will jump to my throat with tons of counter examples, to which I respond: https://en.wikipedia.org/wiki/Survivorship_bias

Not disagreeing with you. Successfull people tend to have IQs between 120 and 135. (citation needed) It makes sense because there are a LOT more people in that range than in the 135+ range. 120-135 is often sufficient. I suspect that something similar on the rich scale. People like Gates, Bezos and Musk were not fabulous wealthy, but they had enough to be able to bet big and take big chances.