Varlik has following connotations:

assets, resources, existence, presence.

Varlikli means wealthy.

Some examples:
Varligin beni mutlu ediyor.
Your presence makes me happy
Varlik icinde yokluk cekiyoruz.
We are suffering from poverty/shortage of something whereas we have all the resources (probably due to mismanagement).

Varoluş = existance
varoluşÃ§uluk existentialism

wind - rüzgar

unnecessary - gereksiz

air - hava