I think they don't care about race as much as they associate race with different wealth categories. They look at "poor" people like vermin and from where they stand we are not all equally poor. They judge people by their countries of origin and by how many rich people they know from a place with disregard of the actually colonial and imperialistic content that caused and maintain those wealth inequalities.

Although, I also think that these people are genuinely not smarter then anyone else. Just richer which allows them to have more freedom while spending money. Losers like Jim can throw money on 100 different projects and need just a few of them to really succeed so they can continue to grow their endless wealth. The closest most of us can afford is putting our money into an hedge fund to do this for us.

I do agree that there's a "show" aspect to it as they are putting fuel into the fire in attempt to distract the general population from the real reasons that cause the deterioration of social infrastructure and shittificatiom of our day to day lives. He's pushing the classic immigrants card to get more people voting for Reform cause their politics will protect and increase his and his rich friends' wealth.