HACENDERO

                    What is an OLIGARCH?

According to modern dictionaries, an Oligarch is;

1. A member of an oligarchy, someone who is part of a small group that runs a country.
2. A very rich person 
3. Oligarchy (from Greek ὀλιγαρχία (oligarkhía); from ὀλίγος (olígos), meaning "few", and ἄρχω (arkho), meaning "to rule or to command")^[1][2][3] is a form of power structure in which power effectively rests with a small number of people. These people could be distinguished by royalty, wealth, family ties, education, corporate, or military control. Such states are often controlled by a few prominent families who typically pass their influence from one generation to the next. But inheritance is not a necessary condition for the application of this term.
   In his influential 2011 book, "Oligarchy," Jeffrey A. Winters defines oligarchy as "the politics of wealth defense by materially endowed actors." In Winters' definition, the possession of massive wealth is the decisive factor in identifying oligarchs. But some oligarchs, according to Winters' analysis, do not directly govern the societies they inhabit; they thus can rule directly or through an intermediary.
   Throughout history, oligarchies have been tyrannical (relying on public obedience and/or oppression to exist) or relatively benign. Aristotle pioneered the use of the term as a synonym for rule by the rich,^[4] for which the exact term is plutocracy. However, oligarchy is not always a rule by wealth, as oligarchs can simply be a privileged group, and do not have to be connected by bloodlines as in a monarchy.