“The past few weeks have brought renewed attention to the systemic racism embedded in so many institutions in American society, including those that we rely on to build wealth.

There are few events more illustrative of the obstacles black Americans have historically faced to accessing economic prosperity than the Tulsa Race Massacre of 1921. In roughly 24 hours, a white mob destroyed an estimated at least $1.47 million — or more than $20 million in today’s dollars — of black-owned homes and businesses, according to a state report on the event released in 2001.”

Read more here: https://www.marketwatch.com/story/what-the-1921-tulsa-race-massacre-can-teach-us-about-the-racial-wealth-gap-in-2020-2020-06-19