Group-based social hierarchies exist in nearly every society, yet little is known about whether children understand that they exist. The present studies investigated whether 3- to 10-year-old children (N = 84) in South Africa associate higher status racial groups with higher levels of wealth, one indicator of social status. Children matched higher value belongings with White people more often than with multiracial or Black people and with multiracial people more often than with Black people, thus showing sensitivity to the de facto racial hierarchy in their society. There were no age-related changes in children’s tendency to associate racial groups with wealth differences. The implications of these results are discussed in light of the general tendency for people to legitimize and perpetuate the status quo. Nearly every human society includes groups of people who vary in social status (Sidanius & Pratto, 1999). History is replete with examples of societies in which groups are clearly delineated by status, from the caste systems of India and New Spain to the Jim Crow policies of the American South. The country at the center of the present article—South Africa—was home to one of the most notorious examples of legally sanctioned social hierarchy: apartheid. From 1948 to 1994, the South African government built upon and strengthened an existing race- and privilege-based social hierarchy created by the Dutch and British colonial administrations. Apartheid laws enforced a strict race-based hierarchy with Whites as the highest status group, Blacks as the lowest status group, and groups like Coloureds (people of mixed racial heritage) and Indians in between (Finchilescu & Tredoux, 2010). Even societies without de jure hierarchy delineations often feature de facto groupbased hierarchies (Sidanius & Pratto, 1999). Most children are born into and develop in societies with legally enforced or culturally implied group-based hierarchies. The present article investigates whether or not children in South Africa are sensitive to group-based social hierarchies in their society. We focus in particular on children’s perceptions of wealth, one observable aspect of social status. Determining whether children represent differences between the relative status of different racial groups is important, given evidence that people tend to believe that the way things are is the way they ought to be (e.g., Jost & Banaji, 1994; Kahneman, Knetsch, & Thaler, 1991; Lerner, 1980; Sidanius & Pratto, 1999). Observing status hierarchies in their society may lead children to see higher status racial groups as more deserving of their status; even more insidiously, children may set their own aspirations according to their perception of their group’s status in society. We focus on children in South Africa, a country with a long history of race-based status differences, including wealth disparities that persist to the present day.