alt Hacker News> Some people fall ass backwards into money through luck, but that's rare
You and I have vastly different mental models of the world. Or, at least, very different definitions of “luck”. For example, I would probably say that anyone who is rich through a “family business” has quite a bit of “luck” to thank (by my definition), except for the founder. And even then, the founder is usually “lucky” by connections (e.g. generous government contracts).
> and people with great wealth don't have that luxury because they would squander it away and won't be able to grow what they have been given
If I had to guess, it probably takes about an IQ of 90 to not lose generational wealth, unless there’s an addiction at play. Maybe even less.
So your contention is that it's easy to run a family business and manage immense wealth?
I'm going to take a wild guess, but I would bet you never ran a business. I've never heard this from anyone that ran a business. Sure they give you the whole "I am very fortunate and lucky in my life" but never "yes, it's trivial to run a business"
And my other bet would be you had never had any extended interaction with a 90 IQ individual