Study Reveals Key to Getting Rich is Luck, Not Talent

Shock. Horror. It looks like there might be a palpable inequality in the way of wealth distribution, according to a recent study by Italian scientists.

The study used a computer modelling program to simulate the impact of random events on 1000 individuals, whereby good luck increased their theoretical wealth, and bad luck negatively impacted it.

In the “real world”, the richest 10 percent of the global population (speaking in general terms) owns almost 90 percent of the wealth. While this is no secret (financial inequality has been a hot-button topic for some time) it’s the misnomer that a capitalist society is, in fact, a meritocracy, that has been examined here. Interestingly, the findings proffer that in short: it all comes down to pure dumb luck.

men stand with gorgeous dress coat

The study set out to look into the ways and reasons wealth is unevenly distributed, given that talent, ability to work and intellect are in fact spread relatively evenly across societies. With results similar to that of what we already know from society, despite the variable of talent being removed from the equation, it can safely be observed that talent has very little to do with hitting the big time and taking home the big pay check from the business factory.

“If it is true that some degree of talent is necessary to be successful in life, almost never the most talented people reach the highest peaks of success, being overtaken by mediocre but sensibly luckier individuals”, researchers were quoted as saying (rather endearingly in broken English).

While the study is, at this stage, still awaiting peer reviews (findings like this are generally considered pretty wishy-washy until they’ve been tried and tested by others in the scientific community), it does provide a very interesting insight into the fact that the timeless battle between the haves versus the have-nots may not be such an unfair playing field. Not intellectually speaking, at least.

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