White Americans have 22 times more wealth than blacks -- a gap that nearly doubled during the Great Recession.
The
median household net worth for whites was $110,729 in 2010, versus
$4,995 for blacks, according to recently released Census Bureau figures.
The
difference is similarly notable when it comes to Hispanics, who had a
median household net worth of $7,424. The ratio between white and
Hispanic wealth expanded to 15 to 1.
The gap between the races
widened considerably during the recent economic downturn, which whites
weathered better than blacks, Hispanics and Asians.
http://money.cnn.com/2012/06/21/news/economy/wealth-gap-race/
Thursday, June 21, 2012
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