"Rush, who saw himself as an innovator like "Steve Jobs or Elon Musk," the complaint says, once told Pogue, "At some point, safety just is pure waste." Rush thought he had found a lighter way to build subs."
This really summarizes the mindset of most second+ generation rich people. Because this guy lived with a lot of inherited money and power all his life, he assumed that everything that comes out of his brain must be the ultimate truth. So much so that without even a single reservation he happily took his son with him to that journey knowing full well that the submarine was probably violating several critical safety requirements that he deemed unnecessary. We are basically being ruled by such people folks.
you should really consider frequency among non billionaires and among second+ generation billionaires. not that I have data on it but I really do think growing up in such an environment does inflate your sense of self idea worth and therefore such a person is more likely to act in this way (but not claiming at all that they are the only ones)