2min chapter

The Gray Area with Sean Illing cover image

40 Acres: $14 trillion and no mules

The Gray Area with Sean Illing

CHAPTER

The Racial Wealth Gap Is About the Upper Classes

Research shows that the racial wealth gap is about the upper classes. 25% of white house holds have a net worth in excess of one million dollars. This is only true for about four % of black house holds. So the differential in wealth resides all along the class structure.

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