Business oligarch


A business oligarch is generally a business magnate who controls sufficient resources to influence national politics. A business leader can be considered an oligarch if the following conditions are satisfied:
  1. uses monopolistic tactics to dominate an industry;
  2. possesses sufficient political power to promote their own interests;
  3. controls multiple businesses, which intensively coordinate their activities.
More generally, an oligarch is a "member of an oligarchy; a person who is part of a small group holding power in a state".
Aristotle gave the concept of oligarchy some negative connotations, but the term does not necessarily imply wealth.