He's not smart, just rich. But you're right, that makes it very hard to actually fail in this country.
He is very smart. He has started or improved many failing businesses.
Zip2
PayPal
Tesla
Space x
Zip2 and PayPal at the time we’re revolutionary. PayPal was actually voted worst business idea of the year, then it became a billion dollar company. He too Tesla out of bankruptcy. You may not like him . He isn’t dumb though.