Definition, Meaning & Synonyms

oligarch

noun

/ˈɒlɪˌɡɑːrk/

Definition

A member of a small group of powerful individuals who control a country or organization.

Examples

The country’s oligarchs have a significant influence over its politics and economy.
Many consider the wealthy business leaders as oligarchs in the region.
During the transition to democracy, some former officials became oligarchs, amassing substantial power.

Meaning

The term refers to someone who is part of an oligarchy, where power is concentrated in the hands of a few rather than being distributed across a larger population.