Rich, Black Folk

340 acres of freshly cut grass. 10,000 square foot mansion. Prep schools and carpool. Luxury cars on every street. Are you thinking the people that live in this community are rich? Do you think they’re white? So do I. However, rich, black people do exist and are even are part of the 1%. But, it’s a very lonely few. In 2013, to be considered part of the 1%, it requires a household net worth of ~$7.9 million. Only 1.7% of those who make that requirement are black. But, does this privilege of wealth give African-Americans equal opportunities in the job … Read more