[ProfessorLayton]

>There is always a bottom % of people who are under the cognitive capacity to meaningfully contribute to society. That doesn't mean they are bad people, but they will always be poor/broke.

There's a lot of dumb rich people, too. Sometimes the wield a lot of power and are indeed bad people.

[antisthenes]

Yes, inheritance is a thing, and having smart kids from smart parents is not a guarantee.