And what are people who feel the need to defend the world’s richest person projecting? Could the average American in 1995 give a $28,000 loan to his kid? Media

And what are people who feel the need to defend the world’s richest person projecting? Could the average American in 1995 give a $28,000 loan to his kid? Median net worth was ~$100,000 in today’s dollars. If ‘privilege’ has negative connotations for you, use ‘luck’ instead. I don’t think there’s any question that Musk made some of his own luck through hard work and intelligence, but we often observe the rich with survivorship bias because it would upset the social order if we stopped believing that hard work and intelligence are enough to become rich.