And more than ever, that figure is concentrated at the top of the pile. A mere 0.5% of the world's population owns an eye-popping 38.5% of its total wealth.
As protests against the "1%" continue to rage on in downtown Manhattan and cities across the globe, we're taking a look at how wealth is distributed and which countries are increasing their share of the world's richest people.
Wealth inequality in Africa is so high that while almost half of African adults are in the bottom two wealth deciles, some individuals are still in the top 1%.
And those numbers are even more concentrated when you look at millionaires. One-third of the world's millionaires live in the U.S. Sweden and Switzerland each have 2% of global membership, but a much smaller fraction of the global population.
And the number of ultra-high net worth individuals is growing, due, in part, to the fact that "the past decade has been especially conducive to the establishment of large fortunes," according to Credit Suisse.
The world economy may still be in the doldrums, but global wealth continues to grow, hitting an all-time high this year of $231 trillion, according to a new global wealth report from Credit Suisse.