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Family net worth drops 40 percent from 2007 to 2010

Published: Tuesday, July 31 2012 11:12 a.m. MDT

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Median family net worth fell by almost 40 percent from 2007 to 2010.

For three years prior to 2007, net worth had been on the rise for most groups.

The median family net worth of the past decade according to Business Week:

2001: $106,100
2004: $107,200
2007: $126,400
2010: $77,300
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