Unaware of privilege - end friendship?

[Selman]

I have one friend who is ridiculously well off, at least to me!
His parents owned a company they sold in the mid 2000s, no idea how much for but a good amount!
He has a house worth I'd say around 5 mil in London, 3 other properties he rents out, 2 holiday homes which sit effectively empty all year (all purchased with his parents money) and must take home around 200k a year. He has one child who he sends to a very expensive prep school, has a nanny for and spends thousands on her hobbies.
Tonight we were talking about politics etc. when a friend mentioned that he is extremely privileged. He became very defensive and disagreed as he works like everyone else and his daughter will have to as well (she will be gifted a 3 bedroom flat worth over 1mil and a trust fund).
He made a big deal about his parents not being very smart with the proceeds of the sale of their company in his opinion as "other than rental income" they don't have any real investments. He kept going on about how he HAS to work. When it was pointed out if he sold his house and moved into a perfectly lovely 1mil house he wouldn't have to work he got more defensive.
Now generally I don't care how well off or not someone is, I have friends from every background and as long as they are a decent person I couldn't care less about income.
Now I'm thinking - he is a twat! I don't care about how much he has as long as he knows he's privileged and I genuinely think he views him self as an average joe putting in the graft to get by when the reality is he's ridiculously well off and must own nearly 10mil in property!!
AIBU to end a friendship over this and tell him exactly why?!

If you want to look it up its called "self attribution bias".

How much privilege people have and how much gratitude they have for said privileges is out of your control, so it's not worth getting hung up on. You're much better looking after your own financial goals/gratitude levels. I feel wealthy partly because I've created a life with low outgoings. Many of my richer friends feel less wealthy as they live in London where living costs are high and would probably have to move out straight away if they lost their job whereas where I am is so cheap I would probably have some time to sort myself out into a new job without falling to much into debt/getting evicted etc. although on paper I'm less well off, I'm actually under a lot less financial pressure and I'm more time rich too so can grow/cook food. I'll always give a listening ear if someone is venting about financial pressures whatever their situation - I have a friend who is rich and low outgoings - the problem is their spending habits, but as they're in a bit of a downward spiral they are probably more in need of kindness than advice at the mo, so I'll maybe broach it when they are feeling better.

Maybe much of what people have or don't recognise that they have is that they are always comparing up, rather than down.

See, as a white European woman with a pretty descent career I would absolutely not tolerate the concept of privelege thrown into my face by a "friend". Whether I am aware of it or not is in fact secondary; one ought to have a sense of tact and be polite.

OK, so we winy be friends in real life. We have different viewpoints. 🤷‍♀️

Pity OP hasn't come back to clarify the discussion and whether some of out responses are based on our own misconceptions on how it all went down.

Everyone wants to be a victim and act like they come from struggle because it's cool
If I came from money I would be happy and unapologetic but of course hell others when I could

Help others

@Opinionwontchangeluv

"Everyone wants to be a victim and act like they come from struggle because it's cool"

Everyone wants to act like their achievements are entirely their own because they feel like acknowledging that they have had help/privilege diminishes their achievements.

The number of people who even in the media are described as "self made" who are anything but is really interesting.

I did spit my tea out when someone called Kylie Jenner a self made billionaire though.

is he a “twat” or are you just jealous?

"Now generally I don't care how well off or not someone is"

Apparently they do.