IPA: /ˈoʊlɪˌɡɑrk/
KK: /ˈoʊlɪˌɡɑrk/
A person who is part of a small group that holds power or influence, often in government or business, especially someone wealthy who has significant control over political decisions.
The oligarchs in the country have a strong influence on the government and economy.
Oligarch → It is formed from "oligos" (meaning few) and "archos" (meaning ruler). The word describes a ruler or leader among a small group of people, indicating a form of government where power is held by a few individuals.
Think of a small group of 'few' ('oligos') people who are 'rulers' ('archos') — that's why an oligarch is someone who rules among a few.