General Discussion
In reply to the discussion: Billionaire Sam Zell: "The 1% work harder." [View all]wickerwoman
(5,662 posts)And you also need to account for rock stars, sports stars, actors and supermodels. Not all of them are idiots, but you certainly don't need a genius level IQ to lounge around in a bikini and cash fat checks.
Ozzy Osbourne is worth $140 million for starters. Bo Derek can barely form a coherent sentence but is worth $50 million. Then you have the Kardashians, Paris Hilton, Ivanka Trump etc.
Lots of people get rich through blind luck or hard work + luck. Lots of people are talented and work hard and aren't so lucky.
There isn't one quality (or even six) that defines the 1% and explains their success.
But I think what makes the orginial quote so ridiculous is that many 1%ers don't have jobs at all. Maybe one or two people in the family work hard but then everyone else just leeches off them.