If I put enough time (& money) into my step son, will he experience sharp improvements?

Not your place to say this.

If it was mud, it got slung at his wife. No ex mentioned.

This may be one of the most obnoxious, arrogant things I have seen from a parent on CC. You are talking about someone who is probably 16. It’s not too late for him to become an awesome anything, except maybe a hockey player or figure skater. (I don’t know of any awesome skaters who started that late.)

You, and many other people, are right to caution against trying to “fix” a stepchild. But you’re wrong to presume that’s the only thing that could be happening here.