An oligarch usually belongs to a small, elite faction controlling a community or country. Despite the elections, the real decisions were made by the oligarchs.
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Wealth Implied
The term 'oligarch' often implies significant wealth used to influence power. The oligarch used his fortune to sway political outcomes.
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Negative Connotation
'Oligarch' can carry a negative connotation, implying abuse of power and a lack of democracy. Citizens protested against the influence of oligarchs in the government.