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Billionaires have done a lot these past few years toward outing themselves as being just as stupid as any other random dumbass.
They are. They just lack morals and empathy. They’re incapable of feeling shame for exploiting other humans.
They were also all extremely lucky at least once.
I think that's the key. We attribute to them special qualities because we like to think in terms of cause and effect. But they all seem to have just been there at the right time with the right people and the right thing.
They show us there is nothing special about them every time they try to do something new and miserably fail. Think the money Meta spent on VR, or the way Musk alienated users and advertisers on Twitter.
We are basically beholden to lottery winners.
Birth Lottery Sociopaths
2000s indie rock band, or dotcom billionaire?
Yeah well I’m not saying it’s entirely luck, but luck is certainly a significant factor in becoming a billionaire.
Right place, right time, right resources at said place and time etc.
They’re not super geniuses better than anyone else, they just had a lot fall their way, and had the work ethic/psychopathic tendencies to capitalise on it.
In about 2018, I think, a team of researchers put together a mathematical model of how markets work. What they found is that wealth just naturally accumulates to a few people. It's inherent to how markets work, and it's more or less at random; in their simulation runs, every person started out in an equal position.
It's all luck. It doesn't even take being in the right place at the right time, although that helps. Since us humans operate on narratives and just-world fallacies, it's really easy for us to construct a post hoc story about why a certain billionaire succeeded. But it's all luck.
(I remember that I read about this research in Scientific American, but I don't have the link handy.)
Here's that Scientific American article. I keep it in my bookmarks because it's one of the articles that easily disproves countless bullshit theories. Also an article my dumbass drumpf loving father refuses to read.