A new report by the Oxfam charity claims the fortunes of Ireland's billionaires has risen €3.3bn since the start of the Covid-19 pandemic.
The Inequality Virus report also finds that the wealth of the world's ten richest men has grown by half a trillion dollars since coronavirus began sweeping the globe.
The research concludes that although the 1,000 wealthiest individuals in the world suffered losses due to the economic upheaval, they had recouped those losses within nine months.
But despite this, Oxfam predicts it may take more than ten years before the world's poorest are able to recover from the economic impacts.