Relevant:
- Fed: American Wealth Plummeted 40% in Past 3 Years
- 3.5 million Black American households have a negative net worth, new study finds
- White people's net worth outgrew Black Americans' by 30 percentage points in the pandemic, New York Fed study finds
- The only way to truly solve the race problem in America is to narrow the wealth gap, black economists say
- Land loss has plagued black America since emancipation -- is it time to look again at 'black commons' and collective ownership?
2016-08-10 — cbsnews.com
``Black families would need 228 years to accumulate the same amount of wealth that white families enjoy today, according to the report, which relies on 30 years of net worth data from the Federal Reserve's Survey of Consumer Finances.''
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