Simple Definition:
An oligarch is a very wealthy and powerful person who has a lot of control and influence over a country or industry.
Examples:
- The billionaire businessman is considered an oligarch because he owns many companies and has a lot of influence in the business world. (A billionaire businessman who owns many companies and has a lot of influence.)
- The country is ruled by a small group of oligarchs who control the economy and government. (A small group of wealthy and powerful people who control the economy and government.)
Very Simple Definition:
An oligarch is a very rich and powerful person who has a lot of control and influence.
Examples:
- Bill Gates could be considered an oligarch (rich and influental).
- In certain countries there are oligarchs who are above the law (rich and influental people who ignore the laws of the country).