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Contact information:

Annie Thériault in Peru | annie.theriault@oxfam.org| +51 936 307 990

Belinda Torres-Leclercq in Belgium | belinda.torres-leclercq@oxfam.org| +32 (0) 472 55 34 43

Notes to editors:

Download “Profiting from Pain” and the methodology document outlining how Oxfam calculated the statistics in the brief.

Oxfam’s calculations are based on the most up-to-date and comprehensive data sources available.

Figures on the very richest in society come from the Forbesbillionaire list.

All amounts are expressed in US dollars and, where relevant, have been adjusted for inflation using the US consumer price index.

The World Bank defines extreme poverty as living on less than $1.90 per day.

One person is likely dying of hunger every 48 seconds in drought-ravaged Ethiopia, Kenya and Somalia, according to estimates by Oxfam and Save the Children.

Half of working women of color in the US earn less than $15 an hour. This not enough to cover cost-of-living for most households, and leaves millions of families in the US below the poverty line.

According to Gabriel Zucman, the super-rich have stashed nearly $8 trillion in tax havens