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:
- uses monopolistic tactics to dominate an industry;
- possesses sufficient political power to promote their own interests;
- controls multiple businesses, which intensively coordinate their activities.
More generally, an oligarch (from Ancient Greek ὀλίγος (oligos) 'few', and ἄρχειν (archein) 'rule') is a "member of an oligarchy; a person who is part of a small group holding power in a state".
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References
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