Many people are bad parents. Many are bad at their jobs. Many at bad at both. At least this guy is good at his job, and can provide very well for his family.
It is all relative. A workaholic seems pretty nice when compared to growing up with actual objectively bad parents, workaholics plus: addicts, perpetually drunk, gamblers, in jail, no shows for everything you put time into, competing with you when obtaining basic skills, abusing you for being a kid, etc.
There are plenty worse than that. The storied dramatic fiction parent missing out on a kid's life is much better than what a lot of children have.
Yet, all kids grow up, and the greatest factor determining their overall well-being through life is socioeconomic status, not how many hours a father was present.
Im very interested in that topic and haven’t made up my mind about what really counts in parenting.
You have sources for the claim about well-being (asking explicitly about mental well-being and not just material well-being) being more influenced by socioeconomic status and not so much by parental absence?
About the guy: I think if it’s just a one time thing it’s ok but the way he presents himself gives reason for doubt
They were showered with assets for being a lucky individual in a capital driven society, time is interchangeable for wealth, as evidenced throughout history.
This guy is young. He can experience all that again, if it is that much of a failure, and he really wants to.
Sure, there are ethical issues here, but really, they can be offset by restitution, lets be honest.
Obvious priorities there.