The wealth gap between Black and white households has many causes, one of which is the intergenerational... View more
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The wealth gap between Black and white households has many causes, one of which is the intergenerational transfer of wealth via inheritances. In 2019, for example, 30 percent of white households received an average inheritance of nearly $200,000, while only one in 10 Black households did, at $100,000 on average.
The wealth gap between Black and white households has many causes, one of which is the intergenerational transfer of wealth via inheritances. In 2019, for example, 30 percent of white households received an average inheritance of nearly $200,000, while only one in 10 Black households did, at $100,000 on average.
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