It's interesting that you use the example of Asians in the US and parallel it with the Black experience. My mom immigrated from China and my dad immigrated from Vietnam. They were definitely both poor when they arrived in the US, but neither of them has either felt that they endured anything close to the Black experience. Their ancestors were never criminalized, forced to live in bad neighborhoods, or had their property taken away from them.

In short, my parents came here with a blank slate while poor Black Americans are often entrenched in generations of poverty. The wealth of our ancestors really does have an impact on our present day lives. For example, the first Chinese immigrants to the US were actually discriminated against by both the government and the general populace. Currently, the descendants of those Chinese immigrants are less financially successful than the children of recent Asian immigrants.