Wealthy Black Executives Take on Racial Inequality
“Race is a defining factor for black Americans in a country that spent centuries systemically blocking them from the American dream. Even for those that reach the highest echelons of wealth and status, their fate remains precarious. African American boys from the richest U.S. households earn less when they grow up than white peers with similar pedigrees. Black men raised in the top one percent of incomes are as likely to go to prison as white men from households earning around $36,000, according to research from academics at the U.S. Census Bureau and Harvard and Stanford universities.”