Can we have equality without equal material wealth?

[Rg339]

One feature of privilege is implicit knowledge and ability to navigate an environment better. If we give everyone the same stuff, on the level that it changes peoples behaviors to match the new material reality, doesn’t this make those who had prior access the cool ones while the newbs stumble about, creating a social inequality that simple might not exist if different groups are at material lifestyles evolving, bifurcated, at a reasonable pace?

I doubt it. Old money would become the minority within the group, so wouldn’t it be likely that their norms get marginalized by those the new majority creates?