This paper aims to analyze the rise of oligarch in post-communism Russia. The dynamics of Russian politics has embraced oligarch as a political forces. The giant businessmen dominate not only the economic environment, but also the political. It becomes a problem when the oligarchs has transformed as new patrons in economic and politics, and even ignited conflicts with former President Putin. This condition should be traced on the environmental construction of oligarch itself. This paper argues that oligarchs rise from the social structure of Russian society and the excess of neoliberalism agenda in Russia. As a historical process, oligarch has been existed since the ancient Rus civilization in early phase of Russian history. It brings a socio-cultural basis of oligarchy in Russia. In the other hand, oligarchy in post-communism Russia built on the impact of neoliberal policies made by Yelsin administration. The privatization which has become agenda in Yelsin’s reform policies brings a bad impact on the rise of the new rich. Later, they transform their existence as giant oligarch which dominates Russian political-economic environment. As a synthesis of those arguments, this paper also argues that there is a structural transformation of Russian Society in present which strengthen the basis of oligarch until the resignation of President Yelsin in 1999.
Keywords: Oligarch, History, Political-Economy, Russia.