It depends what you are measuring as the risk. The risk of lowering your quality of life may decrease with wealth, but the risk of your business failing likely stays roughly the same. Thus, more appetite for risk.
E.g. Poor and rich alike are at risk of losing the capital they put into the business. For the rich that might be daddy's money, while for the poor that might be their life savings. Both are at risk of being unemployed and without healthcare. For the rich that might be fine, but for the poor that could be life-threatening.
E.g. Poor and rich alike are at risk of losing the capital they put into the business. For the rich that might be daddy's money, while for the poor that might be their life savings. Both are at risk of being unemployed and without healthcare. For the rich that might be fine, but for the poor that could be life-threatening.