/ AbstractWe report the discovery of KMT-2020-BLG-0414Lb, with a planet-to-host mass ratio $q_2 = 0.9$--$1.2 \times 10^{-5} = 3$--$4~q_{\oplus}$ at $1σ$, which is the lowest mass-ratio microlensing planet to date. Together with two other recent discoveries ($4 \lesssim q/q_\oplus \lesssim 6$), it fills out the previous empty sector at the bottom of the triangular $(\log s, \log q)$ diagram, where $s$ is the planet-host separation in units of the angular Einstein radius $θ_{\rm E}$. Hence, these discoveries call into question the existence, or at least the strength, of the break in the mass-ratio function that was previously suggested to account for the paucity of very low-$q$ planets. Due to the extreme magnification of the event, $A_{\rm max}\sim 1450$ for the underlying single-lens event, its light curve revealed a second companion with $q_3 \sim 0.05$ and $|\log s_3| \sim 1$, i.e., a factor $\sim 10$ closer to or farther from the host in projection. The measurements of the microlens parallax $π_{\rm E}$ and the angular Einstein radius $θ_{\rm E}$ allow estimates of the host, planet, and second companion masses, $(M_1, M_2, M_3) \sim (0.3M_{\odot}, 1.0M_{\oplus}, 17M_{J})$, the planet and second companion projected separations, $(a_{\perp,2}, a_{\perp,3}) \sim (1.5, 0.15~{\rm or}~15)$~au, and system distance $D_{\rm L} \sim 1$ kpc. The lens could account for most or all of the blended light ($I \sim 19.3$) and so can be studied immediately with high-resolution photometric and spectroscopic observations that can further clarify the nature of the system. The planet was found as part of a new program of high-cadence follow-up observations of high-magnification events. The detection of this planet, despite the considerable difficulties imposed by Covid-19 (two KMT sites and OGLE were shut down), illustrates the potential utility of this program.