In most industries yes, but real estate development is basically idiot-proof for anyone with a lot of starting capital. The best opportunities not available to most are presented to you once you have name recognition.
EQ, charisma, and people skills are important but that doesn't necessarily correlate with intelligence.
Also, while Francesco is the face of the Canucks, his brothers and father have substantial involvement in the family business. His father in particular is the one who built the empire while Francesco just got to hop on as a managing director.
All evidence points to him being not-so-bright, stubborn guy with a huge ego.