Say we fork the universe now and one version of you works 25 hour weeks henceforth, which the other works 50 hours per week henceforth. Who retires with more money and more impact on the world? Both version of you are equally smart. The well-rested you might make SLIGHTLY smarter decisions due to happiness/lack of fatigue perhaps... But surely you wouldn't contend that the success outcomes (professional impact and wealth, for the sake of argument) wouldn't be different.
It's not a myth-- working hard correlates with success (plenty of studies out there to back it up). Working smart correlates with success too... Though one of the things that really surprised me about being in Y Combinator was that the founders WEREN'T universally brilliant/clever. They DID universally work their asses off and generally had irrational stick-with-it-ness.
Happiness is a whole different discussion, of course. Whether "top 1%" success is even worth it is another discussion.