Well, I guess it all depends on what you mean by do poorly in life.

High school valedictorians and child prodigies (especially the former) are disproportionately likely to hold positions of societal power. Just read the bio of any president of the IMF or the World Bank or the Federal Reserve. Essentially all of them graduate university summa cum laude or magna cum laude.

Innovative scientists and people who move the world forward? Perhaps less likely to come from this group, for a variety of reasons.