Being smart has almost no relationship to wealth, research reveals. People with high IQs are no more wealthy than those who are considerably less smart, on average, a study has found.
Key Takeaways. Intelligence appears to have no direct correlation with wealth. Key examples of this include famed NBA player Earvin "Magic" Johnson Jr. (who is wealthy) and Christopher Michael Langan, an American with a very high IQ (who is much less wealthy).
Regression results suggest no statistically distinguishable relationship between IQ scores and wealth. Financial distress, such as problems paying bills, going bankrupt or reaching credit card limits, is related to IQ scores not linearly but instead in a quadratic relationship.
A recent Swedish study showed that cognitive test scores of the top 1% of earners were not significantly different to the scores obtained by those who earned slightly less.
It is often assumed that high IQ people will be more successful. From Jay Gatsby in “The Great Gatsby” to Steve Jobs of Apple, people often associate success with intelligence. However, evidence suggests that having a high IQ is hardly a guarantee for financial, academic, or creative success.
Elon's IQ is estimated to be around 155, while Albert Einstein's is 160. With such a slight margin, Musk is undoubtedly an incredibly smart person. Who is the smartest person on earth in 2022? Born in 1975 in Adelaide, Australia is a mathematician, Terence Tao with an IQ score of 230.
However, intelligence has drawbacks too. For example, studies have found that higher IQ is associated with more and earlier drug use. Studies have also found that higher IQ is associated with more mental illness, including depression, anxiety, and bipolar disorder.
Meaning of IQ
85 to 115 - Two thirds of us have an IQ in this range: the 'average' IQ is 100. Over 135 - You are in the top 1%.
"Individuals with relatively high social class were more overconfident, which in turn was associated with being perceived as more competent and ultimately more hirable, even though, on average, they were no better at the trivia test than their lower-class counterparts," Belmi said.
It would not be inaccurate to say that a higher IQ can predict a higher salary. It would, however, be a gross oversimplification. Researchers have generally found that there is a positive correlation between IQ and salary.
Pictured above, Terence Tao is said to have the highest IQ score in the world currently, with an impressive score of between 225-230. If the Chinese-American mathematician scored 230 he is definitely out in front. Effectively tying for the title, though, is Marilyn Vos Savant.
Characteristics of High IQ People
As a result, jobs that require intelligence and creativity are a great fit for people with a high IQ. Typical remote jobs that require high IQs include data analysis, research scientist, software engineer, and web developer.
A person's IQ score can certainly change with age. Studies in adolescents suggest that IQ typically increases as young adolescents age, which seems plausible considering that general life experiences and educational experiences (such as schooling) change both the brain and the intelligence.
There are several successful entrepreneurs who are known for their high IQ scores, such as: Jeff Bezos: The founder of Amazon, Bezos has an IQ estimated to be around 145. Mark Zuckerberg: The co-founder of Facebook, Zuckerberg has an IQ estimated to be around 152.
According to some acclaimed websites, she is said to have an IQ of 160. As a matter of fact, she is listed in the Guinness Book of World Records as the youngest singer ever to sign at age 11.
"Steve Jobs likely had an IQ roughly 160 or above. In Walter Isaacson's biography, near the end of 4th grade, Jobs was tested. Jobs said: 'I scored at the high school sophomore level. ' This means he was a 4th grader performing at the 10th grade level.
By the current "deviation IQ" definition of IQ test standard scores, about two-thirds of all test-takers obtain scores from 85 to 115, and about 5 percent of the population scores above 125.
Two of the most well-known IQ tests are 'Stanford-Binet' and 'Cattell' (explained in more detail below). In practice, qualifying for Mensa in the top 2% means scoring 132 or more in the Stanford-Binet test, or 148 or more in the Cattell equivalent.
Mental age and IQ are related, but not the same thing. Mental age is a measure of a person's intellectual development compared to their peers, while IQ is a score based on standardized tests designed to measure intelligence.
Throw social commitments into the mix, and there's limited time to be alone and be still with your thoughts and creative process. It's common for people with genius qualities to seek out isolation at times, due to a social anxiety and an excessive need for “me” time, in order to practice mindfulness..
On average, introverts and extroverts are the same in terms of intelligence. But statistics show that around 70% of gifted people are introverts. People are considered “gifted” when they exhibit above-average intelligence or a superior talent for something, such as music, art or math.