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William Darity Jr.: Top Duke Economist And Reparations Scholar Darity — Biden Campaign Claim That They Helped Close Racial Wealth Gap By 60% Bizarre, Untrue
['Ann Brown']
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Despite a modest narrowing in the wealth ratio, the median wealth for white families in 2022 was more than six times that of Black families. The median wealth for white families was $285,000 compared to just under $45,000 for Black families. Black families experienced a 61 percent increase in wealth from 2019 to 2022, but this still trailed behind the gains made by white families.