Fair distribution in the sense that there was no premine/ instamine or ICOs AND it was only PoW at a time when an average person could mine without requiring mining farms. Now, if only a few people mined and it turned centralized as a result, you can't not call it a "fair distribution".

most things are owned by few people whether it is crypto, metals. stocks, or cash.

of course this is true in the absolute sense, but what we're not talking about completely eliminating centralization through a distribution process, but merely reducing it to a degree. Even bitcoin had Satoshi mining 1 million coin before anyone knew, this is of course, centralization, but it's still acceptable.

Some coins on the market these days are 75% (of the total projected supply)or more pre mined by the dev, or for PoS, mined just about enough that their interest rates would push their share to 75% or greater very soon. This amount of centralization, however, is not acceptable. You get the idea