In 2013, the median net wealth for white families was over $141,000. For Black families, it was $11,000. According to a joint study by the Institute for Policy Studies and the Corporation for Enterprise Development, it would take Black people 228 years to catch up to the amount of net wealth that white people currently possess. White people fear a fantastical rise of racial power that they have made damn-near structurally impossible for Black people to achieve.
