> Many ultra wealthy individuals did not come from a highly privileged background.

4 is by no means "many."

Look at the billionaires list and say that again with a straight face:

https://www.forbes.com/billionaires/

> The authors ignore this nuance altogether, assuming that any individual nuance is a fallacy

The authors are talking about the 2,500 billionaries in the world (there are 22,000,000 millionaires in the USA).

It's funny listening to you tolerate lavish wealth for individuals more than groups while criticizing an article that says people tolerate lavish wealth for individuals more than groups.