Tuesday, July 26, 2011

Staggering wealth disparity btw races

I doubt anyone would be surprised to learn there is a significant difference between the average net worth of a white person and that of a black person, or a Latino. But just how significant left me momentarily breathless.

From The Washington Post:
Between 2005 and 2009, the median net worth of black families fell to $5,677 from $12,124, and that of Hispanic families fell to $6,325 from $18,359. In the same period, the median net worth of white households dropped to $113,149 from $134,992.

1 comment:

Daniel Bryan said...

It is true. The most wealthiest are located in the Western World of America and Europe while the poorest are in Asia and Africa. loan modification attorney