I’d like to see some research to back that up. Here’s an article that says otherwise:
https://www.newscientist.com/article/dn11711-smarter-people-...
Common sense will tell you billionaires aren’t orders of magnitude smarter than the rest of us.
https://www.newscientist.com/article/dn11711-smarter-people-...
Common sense will tell you billionaires aren’t orders of magnitude smarter than the rest of us.
1. "Each point increase in IQ test scores is associated with $202 to $616 more income per year,”
And thus you’ve discovered why social “science” is not science at all. IQ is a nebulous concept anyway. Yes, if you’re cognitively impaired, there are lots of things you can’t do and that will impact your pay but higher income is related to who you know, not what you do.
“Each point increase in IQ test scores is associated with $202 to $616 more income per year,”
That study claims that the income increase associated with higher IQ doesn't necessarily translate into increased average wealth though as other life style factors may offset the increased average income.