10:6a Folly is appointed to great heights,

They assign fools to many important jobs,
-or-
A ruler may give fools too much authority. (EEB)

10:6b but the rich sit in lowly positions.

while competent people remain in unimportant jobs.
-or-
At the same time, rich people have no authority. (EEB)

10:6a-b (combined)

They honor fools, but dishonor the rich. (Contemporary English Version)
-or-
Rulers give power to fools. But they do not give it to rich people. (EASY2015)
-or-
They give great authority to foolish people and ⌊they give⌋ low positions to people of proven worth.

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