Friday May 23, 2025
Friday May 23, 2025

BUSINESS

The Wealth Gap Widens Between Americans

According to a recently released report by the Federal Reserve, called The Survey of Consumer Finances (which is conducted every three years), the wealth of families were

 AverageMedian
White$ 1,361,806284,310
Black$ 211,59644,900
Asian$ 1,800,000536,000
Latino$ 227,54462,120

Source: Board of Governors of the Federal Reserve System (2023).

For the entire summary of the causes and cures, please request the Empire Capital Guide to How To Stop Being Broke.

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