2min chapter

The McKinsey Podcast cover image

A guide to investing in Black economic mobility

The McKinsey Podcast

CHAPTER

Is There a Wealth Gap Between Black Americans and White Americans?

Many of the traditional barriers to black Americans involving in the banking sector include historical distrust. By virtue of having smaller incomes and lower or no starting wealth, some of the products are just cumbersome and frankly not appropriate with the form factor today. I believe that's where the private markets come into play.

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