this post was submitted on 25 Nov 2023
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Yes just saying it's only luck is just wrong.
Even the rich (not the super billionaire rich), yes they had luck but there is definitely more. Like I work as a freelancer in software development. Lots of people I have worked with are smarter and more talented than I am, but I still make more money. Because they never took the risk of going freelance and keep working for a company that takes halve the money a client pays.
Some people just don't like to take risks
These super rich people usually took big risks, worked for almost free for a while until it started to pay off. Of course for every billionaire there a 1000s of people that took the same risk and completely failed.
If you can take multiple large, failed, risks without ending up on the street then you have immense privilege.
It's hard for most people to "learn from their failures" and keep taking "big" risks, unless the risk to their own life circumstances was never actually that "big".
I don't think it's immense privilege. Like when Zuckerberg started Facebook he was 19. When I was 19 I lived with my parents and had almost no costs. I also just partied and didn't even try to start anything.