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How America’s Wealthiest Black Families Invest Money

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AFRICANGLOBE - The gaps in wealth and income between white and Black Americans are stark – and haven’t narrowed significantly in 50 years. There are even big gaps among Black and white business owners. According to data from the Federal Reserve Board’s Survey of Consumer Finances (SCF), white Americans’ median incomes were 70% higher than Black Americans’ in 2010. Overall net worth was 7.9 times larger for white Americans.
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