06/25/2016
Inequality Magazine reports that the top wealthiest 1% of all African Americans owns 56% of the entire culture's wealth. Pew Research reports that 35% of all African Americans have zero or negative net worth totaling 91% and leaving 9% to make up the middle class. African Americans are assimilating into capitalism at a rate of 28% each decade polarizing the ethnicity into a rich and a poor class. The near 60 people in the wealthiest list at http://Justine1964Publishing.com across the industries of athletics, music, Hip Hop, film, and comedy hold more than $20B of net worth and are apart of the top wealthiest 1% who own 56% of the culture's wealth. If you make $40 - $100K per year, how many of you does it take to make the money of just these 60 people? Thirty five percent (35%) have zero to negative net worth. The remainder, 9%, define the middle class. Where are you and will you either move into 9% or up to the 1% if not already there or will the top 1% accrue what you have until they own 98% of the entire culture's wealth completing the capitalistic acculturation of the ethnicity?
