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It is, though the inferred narrative is ‘old money’ and as such deeply routed in the particulars of race and class. I’d lose either way, as when I said “the rich and the white” someone will point to a person of colour bucking the trend.
Either way, I agree that it is persons of privilege that can afford to do these things, and those people are overwhelmingly white.
P.s.
Surely skin colour is irrelevant here? Wealth is the determining factor.