oligarch

noun

ol·​i·​garch ˈä-lə-ˌgärk  ˈō- 

plural oligarchs

1

: a member or supporter of an oligarchy

2

in Russia and other countries that succeeded the Soviet Union : one of a class of individuals who through private acquisition of state assets amassed great wealth that is stored especially in foreign accounts and properties and who typically maintain close links to the highest government circles

But what does it really mean to be a Russian oligarch …? … in Russian politics, the term first came about in the 1990s to describe a dozen or so powerful men who amassed immense wealth following the collapse of the Soviet Union.

—The Business Insider

The task force will pool the resources of the countries' law enforcement divisions to track down the assets of Russian oligarchs stashed overseas, a difficult task complicated by the opaque or complicated financial instruments frequently used by Russian financial elites to hide their holdings from public view.

—Jeff Stein

… young Armenians, who joined the protests in droves, angry that the same small club of politicians and oligarchs has controlled the country since independence from the Soviet Union in 1991.

—Neil Macfarquhar

Examples of oligarch in a Sentence

Recent Examples on the Web

He's investigated the hidden offshore wealth of Russian oligarchs, billions of dollars in assets held offshore by a member of the Adani family and the Adani Group, and the maze of corporate structures and secretive inner circle of crypto giant Binance. —Giacomo Tognini, Forbes.com, 13 Apr. 2025

The assailants are domestic extremists whose aim is to further an agenda of tyrants and oligarchs. —Sun Sentinel Editorial Board, Sun Sentinel, 21 Mar. 2025

The Department of Justice also disbanded a team that seized the assets of Russian oligarchs. —Erin Banco and Mari Saito, USA TODAY, 19 Mar. 2025

Her character—a New York City exotic dancer standing up to a Russian oligarch’s family—was a testament to the strength, resilience and complexity of modern women. —Maha Abouelenein, Forbes, 3 Mar. 2025

Word History

Etymology

borrowed from Greek oligárchēs, from olig- olig- + -archēs -arch entry 1, after Greek oligarcheîsthai "to be ruled by an oligarchy," oligarchía oligarchy

First Known Use

circa 1610, in the meaning defined at sense 1

Rhymes for oligarch

• disembark
• matriarch
• meadowlark
• patriarch
• watermark
• arc
• ark
• bark
• barque
• dark
• hark
• lark