Why is the 1% So White? | Decoded | MTV News

Franchesca Ramsey: Brought to you with love by: Produced by: Out of 536 billionaires in the USA, only 3 are black. Why the stark racial divide? Well it’s complicated, but it turns out our history of racism has a lot to do with it. From segregated schools that receive less funding in property taxes, to the history of redlining black homeowners, to the long history of slavery, oppression, and segregation, white families were ac
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