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 (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".