Nearly a decade ago, a group of Black professionals, entrepreneurs, and allies formed the Black Economic Council of Massachusetts, a collaborative effort to close the yawning racial wealth gap in Massachusetts. The work was in large part spurred by a startling Federal Reserve Bank of Boston report in 2015 that found the median net worth of an African American family in Boston was a mere $8.
Now, the council is set to host its fifth consecutive convention, the Mass. Black Expo, bringing together hundreds of business leaders and policymakers for a common agenda of “Building Black Wealth in the Commonwealth.”
