A high IQ doesn't mean wealth

April 26, 2007 at 3:53 PM
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COLUMBUS, Ohio, April 26 (UPI) -- IQ has no relationship to wealth -- and being very smart does not protect a person from getting into financial difficulty, says a U.S. study.

"People don't become rich just because they are smart," study author Jay Zagorsky, of Ohio State University's Center for Human Resource Research, said in a statement.

While other studies have found an IQ/income link, this study is one of the first to go beyond income to look at the relationship between intelligence, wealth and financial difficulty, said Zagorsky.

The findings confirmed research by others that showed people with higher IQ scores tend to earn higher incomes -- in this study, each point increase in IQ scores was associated with $202 to $616 more income per year.

The average income difference between a person with an IQ score in the normal range of 100, and someone in the top 2 percent of society -- an IQ of 130 -- was between $6,000 and $18,500 a year.

However, when it comes to total wealth and the likelihood of financial difficulties, people of below average and average intelligence did just as well when compared with the super-intelligent, according to Zagorsky.

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