This is an old idea: Noblesse Oblige, obligation of the nobility.
I’m willing to bet that mommy and daddy were loaded and/or successful academics and that the privilege he assigns to race is much more specific to his circumstances.
But he doesn’t take any responsibility on himself for whatever privilege he thinks he enjoys. The whole point of this exercise is to take his own guilt and spread it to those whom he feels are not sufficiently penitent.
He isn’t talking about himself, he’s talking about you, dear reader, who should be reacting exactly the same way.
Exactly. He says, “I’m racist”, but what he shows he means by posting this is “you’re racist”.