Perhaps there are different groups of wealthy people with different views on these things?
In my experience wealthy families where the parents are doctors, university professors, and in technology tend to want to transmit a genuine love of learning to their children, as they feel learning and education has done well for them.
On the other hand - my friends are merely millionaires, preparing their children to work for a living. Perhaps there are higher levels of wealth where your kids will never need to work, and the ultimate flex is your kid taking a degree in art history and dropping out half way through because daddy won't mind.
In my experience wealthy families where the parents are doctors, university professors, and in technology tend to want to transmit a genuine love of learning to their children, as they feel learning and education has done well for them.
On the other hand - my friends are merely millionaires, preparing their children to work for a living. Perhaps there are higher levels of wealth where your kids will never need to work, and the ultimate flex is your kid taking a degree in art history and dropping out half way through because daddy won't mind.