Russian Oligarchs

Russian oligarchs are wealthy businessmen who gained significant power and influence in Russia, especially after the Soviet Union's collapse in the early 1990s. They typically acquired large assets in industries such as oil, gas, and mining during privatization, when state-owned companies were sold off. Oligarchs often have close ties to the government, and their wealth enables them to play a crucial role in politics and society. While some have faced legal challenges, many remain influential figures, shaping Russia's economy and its global relations. Their prominence reflects the intersection of business and politics in contemporary Russia.