White privilege can more accurately be described as the long-term planning, intellect, and responsibility that are the norm among white people, coupled with their law-abidingness and desire to create and leave something for their descendants.
So yeah, it exists and no, it's not what the leftists think it is.
That’s not “privilege.” Privilege is, by definition, something GIVEN. If you earn it, it’s less a privilege than it is your due.
But to your point, if our melanin-intensive brothers would demonstrate the same behaviors, it is likely they would realize the same “privileges.”