No longer the richest,

A recent analysis indicates that Asian median household wealth fell by over half between 2005 and 2009. Asian median household wealth had been greater than whites, but they now trail them significantly - $113K to 78K. Even more shocking is the low level of median household wealth among African Americans and Hispanics, less than $6K. One in five Asian households have zero or negative wealth.

 

Blogger: 
Michael