The super-rich people in the news tend to be tech founders and celebrities - people who you can plausibly argue earned their fortunes. Meanwhile, tons of super-rich guys who got lucky picking stocks or timing the markets fly under the radar.
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(This has policy implications. You could tax luck directly, if you wanted to; that would be a very ineffective policy relative to taxing carried interest as ordinary income as opposed to capital gains.)
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Get lucky a couple times and you'll get enough AUM to retire on
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