The world's richest 0.01 per cent saw their share of the $418 trillion global wealth hit 11 per cent this year, up about $420 billion from 10 per cent in 2020 due to the pandemic - all while 100 million people fell into extreme poverty.
Analysts from the 2022 World Inequality Report said the 520,000 individuals who make up the 0.01 per cent have benefited greatly from the shift online of much of the world's economy during lockdowns.
The super-rich also saw significant gains from rising asset prices as financial markets bet on the speed and shape of the global recovery.
Belonging to the top 0.01 percent category meant having household wealth of at least 16.7 million euros, or $19 million, adjusted for purchasing power parity across currencies, according to the report.
'The COVID crisis has exacerbated inequalities between the very wealthy and the rest of the population,' Lucas Chancel, the lead author of the report said.
'While the wealth of [all] billionaires rose by more than 3.6 trillion euros ($4 trillion), 100 million more people joined the ranks of extreme poverty.'
The top 0.01 per cent now owns 11 per cent of the global wealth, up from 10 per cent last year. Global billionaires also saw an increase to 3.5 per cent amid the pandemic
The top 10 per cent hold 76 per cent of the world's wealth while half the human population only holds 2 per cent. The global middle class holds 22 per cent
Of the top percenters, the 1 per cent own nearly 38 per cent of the global wealth and the richest 1-in-100 million per cent own 1.1 per cent of the wealth
The inequality report also found that global wealth inequality continued to rise in 2021, with half the world's population only possessing 2 per cent of wealth while the richest 10 per cent own 76 per cent of all wealth, or $317 trillion.
It also predicted that while the middle 40 per-cent, the global middle class, would enjoy a steady increase of their share in global wealth in the coming decades, the top 0.1 percent would eventually overtake the growth and see larger increases before 2080.
The growth would greatly benefit the top 52 richest individuals, the 1-in-100 million per cent who stand alongside Tesla's Elon Musk and Amazon's Jeff Bezos.
They currently own hold about 1.1 per cent of global wealth, but have seen their riches grow by more than 9 per cent since 1995, the largest of any group.
