It's been my experience, and my observation of history, that the same is true for Occidentals. Wealth always brings in socialist tendencies. It's because wealth disconnects one from real world concerns. This is also why wealthy people are often characterized as "eccentric."
In the book "Leftism Revisited", the author points out that the French Revolution was funded and encouraged by the Wives and Children of the Wealthy French Aristocracy.
Marx was from a Wealthy Family. Mao was from a Wealthy Family. Castro was from a Wealthy Family. Lenin was from a Wealthy family. In fact, I had some difficulty finding a socialist revolutionary that was *NOT* from a wealthy family.
Children of privilege turning socialist is a very common phenomena.
Guilt also plays a part. Some people born into wealth or who acquire wealth think that they do not deserve it somehow, or they think that Left wing politics will somehow link them with the “Common Man.”
You are absolutely correct. I should have made it clear that I was not singling out Asians as the sole perpetrators of this behavior.