The 2001–02 season saw Małysz pick up where he left off, as he never once lost the lead in the World Cup standings. A streak of five wins by a highly motivated Sven Hannawald in December 2001 through January 2002 looked to threaten Małysz's run, but burnout prematurely ended Hannawald's challenge. Małysz picked up one last win of the season in Zakopane to the delight of his Polish fans, thereafter finishing consistently on the podium to claim his second World Cup title by a comfortable points margin. He also won silver on the individual large hill and bronze on the individual normal hill at the 2002 Winter Olympics in Park City.
Małysz's success contributed to his enormous popularity not only among ski jumping fans but throughout Poland as well. Additionally, he is the only five-time winner of the ski jumping event at the Holmenkollen Ski Festival (in 1996, 2001, 2003, 2006 and 2007), earning the Holmenkollen Medal in 2001 for his ski jumping victories (shared with Bente Skari and Thomas Alsgaard). He was also voted the Polish sportsman of the year four times (2001, 2002, 2003, 2007).