Intelligence is not a prerequisite for enrichment, the ability to combine one’s skills is much more important, Bloomberg writes based on research conducted by Swedish scientists on the relationship between IQ and a person’s income.
Research shows that CEOs of large Swedish companies have above-average IQs, better than 83% of test takers on average. CEOs of small companies generally do better on IQ tests than 66% of the population. At the same time, as Bloomberg notes, experts came to the conclusion that the tested people achieved success due not only to intelligence, but also to hard work, people skills, charisma, and luck.
Other work, also based on research conducted in Sweden, shows that the correlation between intelligence and income weakens at a salary of 60,000 euros per year. In addition, people in the top 1% with the highest salaries had lower IQs than those earning slightly less than them.
Scientists have suggested that smarter people prefer to lead a balanced life instead of a full-time job, or choose professions with high status, but somewhat lower wages. Bloomberg also notes that one should not forget about luck: in most cases, investments are associated with risk and luck, and it is not uncommon to see how two people of the same intelligence, taking risks, achieve different results.
Source: Rosbalt
Mario Twitchell is an accomplished author and journalist, known for his insightful and thought-provoking writing on a wide range of topics including general and opinion. He currently works as a writer at 247 news agency, where he has established himself as a respected voice in the industry.
