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Contact information:

Anna Ratcliff: anna.ratcliff@oxfaminternational.org or +44 (0) 7796993288

Notes to editors:

Winnie Byanyima, Executive Director of Oxfam International will be attending the World Economic Forum in Davos, Switzerland from the 17 – 20 January 2017 to highlight the urgent need for action to tackle inequality.   For more information on WEF see www.weforum.org

The following materials are available for download here: https://oxfam.box.com/v/an-economy-for-99-percent

* Full report and executive summary of ‘An Economy for the 99 percent’

* A document outlining the methodology behind the statistics in the report

* VNR footage and shot list featuring the stories of people in Kenya, Vietnam and Brazil who face a daily struggle with inequality

The world’s 8 richest people are, in order of net worth:

1.     Bill Gates: America founder of Microsoft (net worth $75 billion)

2.     Amancio Ortega: Spanish founder of Inditex which owns the Zara fashion chain (net worth $67 billion)

3.     Warren Buffett: American CEO and largest shareholder in Berkshire Hathaway (net worth $60.8 billion)

4.     Carlos Slim Helu: Mexican owner of Grupo Carso (net worth: $50 billion)

5.     Jeff Bezos: American founder, chairman and chief executive of Amazon (net worth: $45.2 billion)

6.     Mark Zuckerberg: American chairman, chief executive officer, and co-founder of Facebook (net worth $44.6 billion)

7.     Larry Ellison: American co-founder and CEO of Oracle  (net worth $43.6 billion)

8.     Michael Bloomberg: American founder, owner and CEO of Bloomberg LP (net worth: $40 billion)

Oxfam’s calculations are based on global wealth distribution data provided by the Credit Suisse Global Wealth Data book 2016: http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=AD6F2B43-B17B-345E-E20A1A254A3E24A5

The wealth of the world’s richest people was calculated using Forbes' billionaires list last published in March 2016. http://www.forbes.com/sites/kerenblankfeld/2016/03/01/forbes-billionaires-full-list-of-the-500-richest-people-in-the-world-2016/#10a1d6276c24

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