I noted that, when I worked at the university, the admin tier seemed to have a lot of wealth not attached to their jobs, although they did do a decent job of hi

I noted that, when I worked at the university, the admin tier seemed to have a lot of wealth not attached to their jobs, although they did do a decent job of hiding it. One might have a father who did Everest (not cheap), or you might hear about multiple "family homes." Others seemed to take incredible amounts of vacations to exotic locales. Meritocracy was largely a sham, especially if you tracked careers of those who came and went.