Both parents are law professors, and he was smart enough to graduate from MIT.
Dumb only in the sense that he got caught. And arrogant. Whatever sociopathic tendencies these kinds of people already have tend to come to the surface the more money/power/fame they attain. Not surprising for the tech bro/billionaire types who think that because they're rich, and have noble (in their own mind) goals, they can do no wrong, are the only ones who know how to solve societal ills, and don't have to listen to anyone else, or follow the rules, which are for others.
Sound familiar to other figures who are often in the news? Like a certain EV/rocket mogul?
Well,
his parents have certain things they didn't have before, to start. The sordid details are out there if one wishes to delve further.