Our latest installment of the groundbreaking Black Enterprise Town Hall series on Sept. 9 focuses on opportunities to close the racial wealth gap impacting Black America: “Homeownership & Wealth Building: Creating Pathways to Lasting Black Prosperity.
At $171,000, the net worth of a typical white family is roughly 10 times greater than that of a Black family at $17,150. And with homeownership as the cornerstone of American family wealth, only 45.1% of Black households own homes, compared to 73.8% of non-Hispanic white households.
Every racial disparity in America—from healthcare outcomes to access to quality education to employment and business opportunities—results from this yawning and persistent racial wealth gap. This session will focus on what corporate America must do to demonstrate a true commitment, with tangible and meaningful investments, to dismantling systems of inequality and building equity in wealth and ownership for Black people.