Study says being rich is determined by chance rather than intelligence or talent

[Ailmand]

I am not entirely surprised by this at all actually, anecdotally I have always felt people who achieved success where mainly in the right place right time. Whether that be born to a certain family or class, or to a certain country, or area of a country, these things all effect where we will end up. Good to know us average folk can still make it in this rigged world

In retrospect, I somehow agree, although I can that intelligence and talent has their merits in helping a person propel himself to a high status in terms of riches, I think that it pays to actually be "lucky" with what venture you enter into and the timing when you made your business. Some people, commonly those who pioneered in specific fields, are the ones that actually make it big because they were able to ride the wave of the business' uprising. I can compare to how early adopters of cryptocurrencies are now in a good state because they have gamble when it was beginning and is not harvesting the gain they so endured to get during the times when the values of cryptocurrencies are not that significant.

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[bitkanu]

Hi,

Chance is not everything.

Your intelligence may have a role, but what is determining I think, is your environment.

If you grew up in a wealthy family, chances are high that you had access to culture when you where young, or had financial means to make studies..

And therefore in the end you can more easily have high paying jobs or a better living environment!

If I'm speaking from my opinion, chance is near to everything, intelligence have a role but in minor affairs. If chance and luck are the same in this case, being intelligence also could be considered lucky or have a chance.
However, there's plenty of intelligence who ended up being poor and almost all those people who rich are lucky or have chance. It's the hard truth.

[Apiapik]

True coincidentally, the dominant factor determines a person to be rich. While intelligence and talent there is only a small part of the factor.
Not a few people around me who are rich but people are not too smart or his parents are also ordinary normal his property.

[Betwrong]

Hi,

Chance is not everything.

Your intelligence may have a role, but what is determining I think, is your environment.

If you grew up in a wealthy family, chances are high that you had access to culture when you where young, or had financial means to make studies..

And therefore in the end you can more easily have high paying jobs or a better living environment!

Fortunately things have changed with the invention of the internet. Now it doesn't matter in what family you were born regarding your becoming cultured and educated. But I absolutely agree with you that chance plays here a minor role.

Earlier I said that I disagree with points this article is making and now I want to put that in simpler words. Basically they are stating that if a rich person is not smart then he/she is lucky and that's why he/she is rich, ignoring the fact that many have inherited big money and then failing in one business venture after another they are finally succeeding in one. Can we call those people smart or lucky? No. They are just rich.

[zhanghoqi5]

I believe that sometimes a decision can change the fate of a lifetime.

If you invested in bitcoin a few years ago and held it all the time, then you would be lucky, because bitcoin has grown tens of millions of times since 2008.

[semarmesem195]

It is just a proverb, more precisely "Luck will beat the smart". In the sense that a highly educated and knowledgeable person does have a great chance of being successful or wealthy but when someone has a high luck in his life and he finds his business and efforts keep advancing until he gets rich when he does not have a high education.
I think the one thing that is certain is luck and the work of the gauze will not be easily obtained by everyone.

[Hell-raiser]

Earlier I said that I disagree with points this article is making and now I want to put that in simpler words. Basically they are stating that if a rich person is not smart then he/she is lucky and that's why he/she is rich, ignoring the fact that many have inherited big money and then failing in one business venture after another they are finally succeeding in one. Can we call those people smart or lucky? No. They are just rich.

I don't see what you are trying to say. First, how is the article ignoring the fact that many money bags have inherited their money if this is not the point which this piece tries to ascertain? It is just beyond the scope of discussion because it is something which sort of goes without saying. Further, those who are rich from the very beginning have more chances to succeed simply because they have more money and thus have more attempts at trying their hand in business.

[Merjay18]

Being rich is according to fate and predestination

It maybe true that rich is determined by chances rather than intelligence or talent, but in my own opinion being rich should be accomplish with talent and chance. If you want to be rich you should be work hard enough for it  but working hard should be together with talent they are like coffee and cream perfect combination. If  we are lucky enough success will be our handshands soon.

[Betwrong]

Earlier I said that I disagree with points this article is making and now I want to put that in simpler words. Basically they are stating that if a rich person is not smart then he/she is lucky and that's why he/she is rich, ignoring the fact that many have inherited big money and then failing in one business venture after another they are finally succeeding in one. Can we call those people smart or lucky? No. They are just rich.

I don't see what you are trying to say. First, how is the article ignoring the fact that many money bags have inherited their money if this is not the point which this piece tries to ascertain? It is just beyond the scope of discussion because it is something which sort of goes without saying. Further, those who are rich from the very beginning have more chances to succeed simply because they have more money and thus have more attempts at trying their hand in business.

What I'm trying to say is that the vast majority of rich people are those who either have inherited big amounts of money or have stolen money from their people being in the government. And if a study doesn't cover the vast majority of cases what kind of study is that? They presume that we all think that people become rich due to their intelligence or talent, but I for one have never thought like that, and I'm sure I'm not alone in this.

[yonjitsu]

I think research is needed no more because there are really these lucky people who even just are new to crypto but got rich quickly than those who are already doing crypto in a couple of seasons. Yes, i believe in chance and of course LUCK.

[RKSummer]

For me I do not see being rich as just a single factor leading to it. I believe it to be contributory. Apart from intelligence, chance and predestination is very important. If somebody is predestined for being rich, circumstances would present itself to make the person step on it.

For me, being rich is determined by chance and enhanced with intelligence and talent, with that combination, there is 80% of possibility to become rich.

[dharnamonitor]

That explains a lot, so it was really a matter of luck and chance to become rich. There are many people who became rich because they take the chance of becoming successful by using their talents and intelligent not just because of their luck.

[musharaf]

It is true that some time it happens in the gambling that many talented and skillful people are losing in the games while those who are not able to know what is happening they came there just to take the chance and they win so it is also the luck dependent work and i believe that lf you are lucky then you will be successful and many talented people will work for you .

[Jlimao28]

I believe that success is a matter of luck. It is not about how you are talented or intelligent but it is about how you are determine to be successful. If you are determine, you can learn, you can wait, and you can be successful. We are all luck, we just need to become determine.

[w33man]

I really think that this is somehow true, I know a lot of people who are really intelligent and talented but not given a good opportunity to become rich. I know a lot of people who are not intelligent and talented who became rich because of oppurtunity.

[hitrawal91]

Yes, you are right to some extent my friend because chances are one of the factors to get rich but you must be skilled enough and must be having sound knowledge and the power of intelligence so that you can use that chance in your favor and get rich. Even i got one chance in my personal life where I was told to manage few percentages of capital and I gave my best to manage them well and because of that one well-utilized chance, i am here today as a well successful person here in my home.

[Hell-raiser]

Yes, you are right to some extent my friend because chances are one of the factors to get rich but you must be skilled enough and must be having sound knowledge and the power of intelligence so that you can use that chance in your favor and get rich. Even i got one chance in my personal life where I was told to manage few percentages of capital and I gave my best to manage them well and because of that one well-utilized chance, i am here today as a well successful person here in my home.

I believe we all have gotten a decent share of good chances in our life but we either don't see them as genuine opportunities when they are presented to us or we deliberately ignore them as too good to be true. What I try to get across is that luck is real. And it is not an abstract thing which happens to anyone but you. It happens to you as well even if you personally consider yourself an unlucky person, a complete failure in the luck department. Obviously, if you do so, you will ignore your chances, and this would work as a sort of self-fulfilling prophecy.

[redsap]

yeah i think that was true
people can't reach because their affraid by theirself and not confident with that
so when the chance comes up, they not using the oppurtunity to do what ever the chance is

[Daveeoff]

Really interesting study. I also think that you musn't be the one working the hardest but the one working the smartest.

[slyfox]

Yes, I agree with this argument. I think if actually getting rich is just the luck factor of each person. Sometimes people who have more intelligence and talent can not even take advantage of what is inside of him. But people who do not have more knowledge can become rich because of their hard work.

Not really, those that are smart are able to get more money in their lives than those that are not that is something that has been proven, but that doesn't mean that you become rich because of it I really do not think that it's a matter of luck, it's a matter of taking advantage of the opportunities when they present themselves and that is something that has nothing to do with how smart or how dumb you are, it has to do with your ambition.