> Just look at the number of rich kid fuckups or

I mean, rich kid fuckup still end up pretty good, unless they are full on addicts who committed robbery. And even then they get much better and qualified defense layer - ending with much lower punishment. But normally, they get a pretty good job through parents network and somehow muddle through.

> CEOs with poor backgrounds.

Statistically, upward mobility is low these days, people stay where they are born. So, I think that statistically there are not that many of those.