Report: Black Families May Need 228 Years to Build Same Wealth of White Families

Scholar Chuck Collins talks with Fair360, formerly DiversityInc about a new report, which found that if public policy changes are not made, Black and Latino families won’t match white wealth for centuries.


By Sheryl Estrada

According to a new report released this week, a Black household would need 228 years to accumulate the same wealth a white household has today, if the average Black family wealth continues to grow at the same pace it has for the past 30 years.

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