You could argue that Trump was an oligarch until he explicitly entered politics and was stripped of that power. He used to go on Oprah to talk politics and testify at Congressional hearings at the request of people like Chuck Schumer. Then he entered the arena and the mainstream position became "he used to be sane: what happened?"
Depends on what you mean by power. I think plenty of people acquire a lot of money and stay out of politics, except maybe to bribe in their business interest. They just don't make the news as much because they don't want to.
If you mean power as in "can get someone to build him a yacht" then yeah they have power.
You could argue that Trump was an oligarch until he explicitly entered politics and was stripped of that power. He used to go on Oprah to talk politics and testify at Congressional hearings at the request of people like Chuck Schumer. Then he entered the arena and the mainstream position became "he used to be sane: what happened?"
Depends on what you mean by power. I think plenty of people acquire a lot of money and stay out of politics, except maybe to bribe in their business interest. They just don't make the news as much because they don't want to.
If you mean power as in "can get someone to build him a yacht" then yeah they have power.