Another great one sir.
The real privilege is wealth privilege because wealth itself is effectively a heritable trait, and wealth confers other environmental privileges in child rearing.
White folks in the USA have legacy wealth that’s tagged along, and that legacy wealth is taking a long time to redistribute. So what looks like skin color privilege is really the privilege of bank accounts and child rearing environments. (Some discrimination in the legal system aside, which I do suspect traces its source to prejudice)
One thing I might question in your piece is the implication that current white legacy wealth was earned. The truth of the matter is that Europeans invented the sextant and the gun, and that led to a concentration of wealth in European hands. If the Zulus or the Aztecs had invented those two things first, then they would be in the position the Europeans are now.