Black women in America hold more than 90% less wealth than White men, Goldman Sa…


Black women in America hold more than 90% less wealth than White men, Goldman Sachs revealed in a new report Tuesday. In response, Goldman announced it will invest $10 billion into areas that will impact the lives of one million Black women by 2030. Closing the 90% wealth gap would benefit everyone, the study said. Improving the economic condition of Black women and men could add up to 1.7 million jobs and GDP growth of 2.1%.⁠

(📸: Jeenah Moon/Bloomberg/Getty Images)



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Comment (24)

  1. Y’all need to stop acting like capitalist responses to welfare will improve the lives of marginalized communities

  2. Okay…that’s great. But what about the Hispanic women, Asian women, Indian women and others??

  3. While good in theory, Goldman Sachs has always done it’s very best to bankrupt POC and the poor in general. I am very skeptical of the sudden change… we’ll see.

  4. The same Goldman Sachs that is using algorithm method in credit card application to discriminate against…

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