Black Families Are 228 Years Away From Accumulating the Same Amount of Wealth as White Families
Washington Post
August 9, 2016

“There’s still a long way to go to close the racial wealth gap—some 228 years, to be precise, according to a study by the Corporation for Enterprise Development and Institute for Policy Studies (pdf).

“According to the report, if the average black family’s wealth continues to grow at the same pace it has over the past 30 years, it will take black families 228 years to accumulate the same amount of wealth that white families have today.”

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