Is my logic incorrect? Does merit not correlate with the ability to make money? Is merit not heritable? None of those questions have been answered, but we did get to see some good ad hominem reasoning.
You're using the word "merit" in an impossibly vague and poorly-defined way. You might as well say that having a sweet tattoo is a merit when picking up dudes/ladies, and merit is heritable, therefore sweet tattoos are heritable.
And, again, you're the one making extraordinary claims, so you're the one who needs to provide extraordinary evidence. I would genuinely love to see it.
These are interesting academic questions, but I wonder if you'd agree with this - having access to 5MM in no questions asked family funding is more useful than 50 extra IQ points, because you can always hire clever people.