But, interestingly, few people do. And those who do seem to take on less risk than their counterparts in the US.
Where I was born, everyone has money and people are generally modest: do not need ferraris or whatever so they just want a happy relaxed life. And that is very easy to get here. I worked very hard since I was 15 as I wanted (and have) (not ferraris but travel) more, but I was never interested in money or fame that can get someone kidnapped. I believe if I lived in the US, my parents would have sent me to Stanford or something and things might have been different somehow. I will never know: I like not having stress, at all so no regrets.
To be clear, I don’t grieve the lack of Ferraris. But the lack of ambition and related consequences gets to me.
A safety net may lead some people to experiment and play with things, others to slouching off. This even applies outside the public sphere. A stereotype of a bored millionaire's son with no energy to do anything substantial exists for a reason.
You can do that as well in many EU countries. Without being rich.