it could be or it it could just have been an attempt at a gift of something that kid knew your kid wanted with no forethought of how it may have been interpreted by someone with less resources by the parents who just mindlessly OKey it.

Seems like there’s no good way to know at the moment, really.

If your kid starts worshiping the rich kid and talking about his things all the time (which he might if rich kid has all the fun toys and is a decent friend) it may sway your kid a bit more towards materialism, but also offer valuable insight into the true value of wealth. I’m sure, given enough time, he, like many of us that have spent time with wealthy people, they will come to understand that a whole lot of money only fixes some kinds of problems, but also creates new ones.

If you detect a pattern of controlling behavior by the rich kid through what he gets your kid, that could also be a bit concerning, but again, don’t lose the potential valuable lesson from sight. It may be very good to be exposed to that kind of behavioral pattern at a young age if you’re gonna learn why to avoid it really well for the rest of your life.

I’d just let things play themselves out until the child themself expressed distress or concern about the other kid or started asking me for a bunch of stuff I couldn’t or didn’t want to afford.

Either way, it seems like a good faith, despite perhaps a bit thoughtless gift.