African American children are suffering long-term disadvantages as a result of vast and growing disparities in the wealth of US families, with Black families with kids having access to barely 1 cent for every dollar enjoyed by their white counterparts. In 2019, the median wealth level for a white family with children in the US was $63,838. Christina Gibson-Davis, a professor of public policy and sociology at Duke University who is co-editor of the new research, pointed to one of its central findings – that wealth inequality between American families has become so extreme that 1% of parents control 44% of all wealth held by households with children, while the top 10% control 82%.