One of them owns the Washington Post. Another owns TwitterX. One used to host a TV show on NBC. Another owns Facebook. Joe & Mika will be added later, maybe. Not what you’d expected after what happened on January 6, 2021, eh?
Oligarchs combine government and corporate power in a person accountable to neither. They’re not elected, and can’t be voted out. They’re not subject to market discipline; much of their wealth comes from government contracts, and government decisions that favor their businesses. They build a vast personal influence empire within government and private society, and openly bully, control or get rid of elected politicians who cross them. Oligarchs are a product of weakening democracies, but do everything in their power to make democratic decline permanent, entrenching power not in we the people, but in them and their oligarchic friends.