Black women's wealth is 90% lower than White men. Goldman Sachs is investing billions to change that
CNN
America's Black women hold more than 90% less wealth than American White men, Goldman Sachs revealed in a new report.
In response, Goldman announced on Wednesday it will invest $10 billion into areas that will impact the lives of one million Black women by 2030. Goldman will partner with Black women-led organizations and institutions to commit $10 billion in direct investment capital and $100 million in philanthropy. The investment strategy is led by Black women, such as former Secretary of State Condoleezza Rice and Walgreens (WBA) CEO Rosalind G. Brewer.
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