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Post Reply Are Rich People Smarter?
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101 / O / bendover
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Posted 7/28/17 , edited 7/28/17
No. Some wealthily people can be very unintelligent. The one of many reasons they are wealthy is because of handed down money that they get from being in a wealthy family. There are many unwealthy individuals who are very intelligent but don't have the desire for wealth or power.
-OlE- 
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24 / M / Nebraska
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Posted 7/28/17 , edited 7/29/17
interesting question. define rich, are we talking like the top twenty richest people in the world rich? yeah i would say people in that range are above average intelligence (at least). below that it can be a bit of a crapshoot. take professional athletes, the cream of the crop can rake in a ton of money but they aren't always always exactly Rhodes scholars. same can go for entertainers. of course, there are also very intelligent people in both of those fields who are successful as well but it isn't necessarily a deal breaker for say a pop star if they aren't the brightest bulb in the pack
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36 / M / SoFlo
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Posted 7/28/17 , edited 7/29/17

sundin13 wrote:

I think there is no doubt that there is a correlation.

Money can buy an education (which can earn intelligence).
Intelligence can earn money.


While I get a fancy education I wonder where all this magic money comes from for tuition?

Education ≈ Intelligence
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42 / M / Where I am
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Posted 7/28/17 , edited 7/29/17
Smart, but not smarter. They know how a system works and work that system to make a ton of money. Almost everyone specializes in something, but they specialize in making money. Of course there are unusual cases where you come upon money with no plan like the lottery, inheritance, or good athleticism. They get rich then blow their cash quickly, not all, but they do exist.
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20 / M / A Blue Marble
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Posted 7/28/17 , edited 7/29/17
Well they can and do have access to better education and I'm assuming parents are a big factor in this as well, but doesn't it still depend on the individual. As in their willingness to learn and what to learn. Of course these thoughts and reasons will become more prevalent as the individual gets older.
Posted 7/28/17 , edited 7/29/17
No
My dad's family was rich and enjoyed a care free life until the money ran out
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41 / M / NJ
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Posted 7/28/17 , edited 7/29/17
No, no they are not.
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M
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Posted 7/28/17 , edited 7/29/17

Somewhat_Insane_Monkey wrote:

Alexander Hamilton that's all you need to know


You have Alexander Hamilton who pulled himself up from nothing.

Then you have people who inherit wealth and presume themselves success stories on account of winning life's lottery.

In between you have everything from dumb luck, to actual smart people, to people working jobs with over-inflated salaries, to people who strike rich based on physical prowess... and of course gambling.


Suffice to say there is definitely no correlation between wealth and intelligence.
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27 / M
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Posted 7/28/17 , edited 7/29/17
In order to answer this question, you need to provide a standard metric for rich and smart.

One way we can determine someone's wealth is by their net worth. This is not necessarily income. But, net worth is one's current value of assets minus liabilities.

Let's categorize people who only have a net worth of million dollars and above.

Now for intelligence, a better standard would be education. Let's use college graduates as a metric. So the question should change to: People of a net worth of a million dollars, how likely are they to be a college graduate? The answer would be 4 out of 5 millionaires have graduate degrees. 18% have masters, 8% law degrees, 6% law degrees, and 6% Phds.
ghptus 
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19 / Jersey
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Posted 7/28/17 , edited 7/29/17
Yes, although if the average intelligence of every person was taken into account rich people are far more intelligent and well educated than poor people. However that's simply because all first world countries are considered rich compared to the vast majority, and people in first world countries have better education available to them.
However, in richer countries more intelligent people are generally more wealthy than less intelligent people. so the best way it can be described is in the world as a whole money buys intelligence, but in first world countries only intelligence leads to wealth (generally).

also i've explained this far too much, and you probably already have your own answer. so you
ghptus 
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19 / Jersey
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Posted 7/28/17 , edited 7/29/17
but as a whole it was intelligence that lead to the money in the first place. Also intelligent people give birth to intelligent people just an unfair fact of the world. however that's not to say they are no rich people who are pretty stupid
Ejanss 
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Posted 7/28/17 , edited 7/29/17

ghptus wrote:

but as a whole it was intelligence that lead to the money in the first place. Also intelligent people give birth to intelligent people just an unfair fact of the world.


And rich people give birth to...okay, how about "Paris Hilton" and "Donald Trump Jr." as simple answers?
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29 / F / SC
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Posted 7/28/17 , edited 7/29/17
not really but, rich people are able to acquire higher education, so there's that
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27 / F / New Jersey, USA
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Posted 7/28/17 , edited 7/29/17
I don't know about you lot but. Wealth isn't measured by the amount of intelligence a person has. At least that is what I think.

Just my opinion.
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27 / M
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Posted 7/28/17 , edited 7/29/17

Ejanss wrote:


ghptus wrote:

but as a whole it was intelligence that lead to the money in the first place. Also intelligent people give birth to intelligent people just an unfair fact of the world.


And rich people give birth to...okay, how about "Paris Hilton" and "Donald Trump Jr." as simple answers?


Why are people using anecdotal evidence rather than empirical evidence?

You could've easily researched that studies show affluent families lose their wealth in three generations. Next time stick to the empirical evidence. Using anecdotal evidence for your claim makes you look unintelligible.
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