Business oligarch is almost a synonym of the term "business magnate", borrowed by the English-speaking and western media from post-Soviet parlance to describe the huge, quickly acquired wealth of some businessmen of the Post-Soviet states (mostly Russia and Ukraine) during the privatization in Russia and other post-Soviet states in the 1990s. The history of the business oligarchs in post Soviet Union states is discussed in the following articles:
A typical example of a post-Soviet oligarch entity is the Privat Group - a large Ukraine-based transnational business conglomerate comprising dozens of industrial companies in several markets, controlled by only three stakeholders, and not through the stock exchange.
More generally, an oligarch is an extremely rich and powerful person who is part of an elite which exercises an undemocratic, hidden form of power in order to serve their own interests.
In late 2021 a Russian-born billionaire named Yuri Milner gathered some of the most celebrated scientific minds of our time at his lavish US$100-million-dollar mansion in California.
She’s understandably nervous about a weekend break with Josh’s cliquey friends at the isolated luxury weekend retreat of Sergey (Rupert Friend), a shady Russian billionaire ... In UK and Irish cinemas. Watch a trailer for Companion ... Share ... .
... regional pillar of safety and security, but as the base of the corporate service MeritServus which helped Russian billionaire and former Chelsea owner Roman Abramovich avoid paying millions in taxes.
news Sanctioned Russian Billionaires Exploit DutchLegal Loophole to Conceal Finances – NOS... The bloc has committed to phasing out Russian fossil fuel imports entirely by 2027 ... the Russian leadership."
trust linked to sanctioned Russian senator and billionaire Suleiman Kerimov held a 1% stake in Elon Musk’s SpaceX before authorities blocked the trust, Bloomberg reported Wednesday, citing anonymous sources familiar with the matter.
The Russian tech billionaire has warned that DeepSeek's AI success is just the beginning ... He contrasted this with Western educational approaches, where competition is often minimized to avoid hurting students' feelings ... (RT.com) .
The Russian tech billionaire has warned that DeepSeek's AI success is just the beginning ... He contrasted this with Western educational approaches, where competition is often minimized to avoid hurting students' feelings ... (RT.com) .
The Russian tech billionaire has warned that DeepSeek's AI success is just the beginning ... He contrasted this with Western educational approaches, where competition is often minimized to avoid hurting students' feelings ... (RT.com) .
Companies tied to sanctioned Russian billionaires are taking advantage of a loophole in Dutch legislation to evade financial oversight, the Dutch public broadcaster NOS has reported.
Russian billionaire oligarch Roman Abramovich employed an intricate offshore scheme to avoid paying millions in value-added tax (VAT) on his fleet of luxury superyachts, according to leaked documents.
A mysterious American tech billionaire may have purchased one of the United Kingdom’s most expensive homes for almost half its original $314 million asking price, according to the Times of London.