IPA: /ˈpluːtəˌkræt/
KK: /ˈpluːtəˌkræt/
A person who has a lot of money and uses it to influence or control politics and society.
The plutocrat donated millions to the campaign, hoping to sway the election in his favor.
Plutocrat → It is formed from "ploutos" (meaning wealth) and "kratos" (meaning power or rule). A plutocrat is someone who holds power due to their wealth.
Think of someone who has 'wealth' ('ploutos') and 'rules' ('kratos') — that's why a plutocrat is a person who has power because of their wealth.