See Also
See Again
Get to know Russia's top oligarchs
Who are they, and why are they so important?
© Getty Images
An oligarch is an incredibly wealthy person whose financial prosperity gives them the power to influence politics. In Russia, the term oligarch takes on a whole new meaning. Putin came into power quite soon after the fall of the Soviet Union, at a time when the former communist nation was starting to privatize its industries. The dissolution of the country’s previous political and financial structure left a question mark over who owned many of the state’s assets. Questionable deals were done, and those who were friendly with the new political powers, i.e.. Putin, found themselves in a very comfortable position.
This is how the phenomenon of the Russian oligarchy came to be. Thanks to this major political and financial shift in the 1990s, and Putin’s swift and long-lasting rise to political domination, many of these wealthy individuals find themselves in incredible positions of power.
Browse through the following gallery to get to know some of the most prominent Russian oligarchs in Putin’s back pocket. Click on!
RECOMMENDED FOR YOU
MOST READ
- Last Hour
- Last Day
- Last Week
-
1
CELEBRITY Relationships
-
2
CELEBRITY Sports
Celebrities spotted at the 2024 US Open Tennis Championships
-
3
LIFESTYLE Performing arts
-
4
LIFESTYLE Israeli-palestinian conflict
In images: thousands take to the streets in Israel to demand an end to the war
-
5
LIFESTYLE Sports
-
6
CELEBRITY Red carpet
-
7
LIFESTYLE Space travel
-
8
LIFESTYLE Mystery
-
9
LIFESTYLE Generations
-
10
LIFESTYLE Business