But ‘oligarchy’ is an ancient term, referring to any country whose government is ruled by a few wealthy, usually corrupt or selfish individuals. Modern oligarchies include Russia, China, and America.
General Oligarchs Statistics and Facts 2023
The disparity between the very richest in our global society and the rest of us (commonly referred to as the 1% and 99% respectively) is maddeningly stark. The vast majority of the wealth available globally is held by just a tiny handful of individuals; people we know today as oligarchs. Let’s look at some general oligarchs’ statistics and facts:
Oligarchs by Country Statistics 2023
There are many, many oligarchs living in different countries all around the world. Their huge stockpiles of money and resources allow them to directly influence the governments in control of their countries, so much so that some countries around the world are considered oligarchies: nations run by a few elite wealthy individuals for personal gain.
United States of America
China
Russia
Conclusion
Oligarchs hold a disproportionate amount of the world’s wealth compared to the relatively tiny number of them alive today. With their wealth, they exert power over the rest of us. Russia, China, Iran, and the USA are considered oligarchies. About
