By Jun LiA 2018 study conducted by Pew Research Center found that the largest wealth gap in America is among Asian Americans.
“This diversity in their origins and experiences is reflected in the relatively high level of income inequality among Asians,” the study wrote.
“The slowdown in income growth this century did not alter the general trajectory toward a rise in income inequality, however.
The study also noted that Asians did not always have the “highest level” of income inequality.
The study thus disproves the model minority myth that Asian Americans are all wealthy and successful — many Asians who don’t fit into this conventional mold are frequently erased because so many hold this false belief.