Tag: Antonio Moore

Only 5% of African American households have more than $350,000 in net worth … while nearly 30% of white families have more than this amount
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Only 5% of African American households have more than $350,000 in net worth … while nearly 30% of white families have more than this amount

By Antonio Moore   *A recent study by the Federal Reserve Survey of Consumer Finances released a shocking set of financial numbers on African American wealth, clearly laying out the gap in net worth between blacks and whites in America. The data as shown below makes it unequivocally clear how small the number of African…

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