Russian oligarch

Post-Soviet tycoon

A Russian oligarch is a businessman who accumulated vast wealth during the chaotic privatization of Soviet state assets in the 1990s, often through political connections rather than entrepreneurship.

The term implies wealth gained through corruption or cronyism rather than legitimate business: Sanctions targeted Russian oligarchs with ties to the Kremlin.

While oligarch technically means any member of a small ruling elite, its modern use is almost exclusively tied to post-Soviet Russia.

Related

mansion · lobbyist · bodyguard · security detail · limousine · diamond · caviar · yacht · private jet · penthouse · palace · vault · suit · sanctions · asset seizure · privatization · safe · cultural icon

Opposites
wealth origin and legitimacy

Russian oligarchWarren Buffett

Steve Jobs · innovator · venture capitalist · tech entrepreneur

socioeconomic position

Russian oligarchordinary citizen

pensioner · the masses · proletariat · the people

Family

Russian, Russia, oligarch, oligarchy, oligarchic, oligarchical, oligarchs

Familiarity
Top 500,000
Profile
Used worldwide · Concrete · Negative · Rated PG