I’m black and I’m a member of the 1%

In the U.S. today, the average African-American household owns just 6 cents for every $1 of wealth held by the typical white household, and blacks make up just 1.7% of the top 1% of wealthy Americans.

But there are black members of the 1% who are working to change that. Tanzina Vega investigates the historical and contemporary racial barriers to wealth creation in the U.S.

US Black-White inequality in 4 charts

3.5 million Black American households have a negative net worth, new study finds

Here’s how to propel 2 million Black Americans to the middle class