What government is ruled by the wealthy elite?

A government ruled by the wealthy elite is known as an oligarchy. In this system, power is concentrated in the hands of a small group of individuals or families who possess significant economic resources and influence. These elites often make decisions that benefit their interests, potentially at the expense of the broader population. Oligarchies can exist alongside other forms of government, such as democracies or monarchies, where the wealthy exert disproportionate control over political processes.