![Are Russian Oligarchs Landing in Newburgh, New York?](https://townsquare.media/site/704/files/2022/04/attachment-RS19527_GettyImages-82632957.jpeg?w=980&q=75)
Are Russian Oligarchs Landing in Newburgh, New York?
Do you think they are shopping at the Newburgh Mall?
I don't think anyone knew what an oligarch was until a few months ago. The word has been in the media a lot lately. What the heck is an oligarch? An oligarchy is when a small group of people have control or a major say in ruling a government. In Russia, rich businessmen can have some major political influence.
When the conflict between Russia and Ukraine escalated, it wasn't long before Russia was hit with some serious economic sanctions. Russian oligarchs have had their large possessions and assets seized all over the world.
5 BBQ Restaurants to Try Near Newburgh, New York
5 Cannabis Dispensaries in the Hudson Valley
LOOK: Stunning Walkway Over the Hudson Photos
More From 96.9 WOUR
![‘Iron Man’ of New York Shows Up at Bars and Presses Clothes for Free](http://townsquare.media/site/937/files/2024/03/attachment-iron-clothes-bar2.jpg?w=980&q=75)
![See Legends & Hall of Famers Play in Cooperstown Over Memorial Day](http://townsquare.media/site/937/files/2024/03/attachment-GettyImages-98572330.jpg?w=980&q=75)
![Are There Any Banned Books in the State of New York?](http://townsquare.media/site/937/files/2024/03/attachment-banned-books.jpg?w=980&q=75)
![‘Abducted by the 80s’ Tour Will Turn Back the Clock in Upstate NY](http://townsquare.media/site/937/files/2024/03/attachment-80s-throwback.jpg?w=980&q=75)
![Popular Upstate New York Grocery Chain Will Close for Eclipse](http://townsquare.media/site/937/files/2024/03/attachment-closed-grocery.jpg?w=980&q=75)
![Classic Rockers to Play New York State Fair, First Time Since 2017](http://townsquare.media/site/937/files/2024/03/attachment-state-fair2.jpg?w=980&q=75)
![Nominees Revealed for New York’s Video Game Hall of Fame](http://townsquare.media/site/937/files/2024/03/attachment-video-game-1.jpg?w=980&q=75)
![Love Him or Hate Him, Matt Rife Returns to Central NY Next Week](http://townsquare.media/site/937/files/2024/03/attachment-GettyImages-1455238895.jpg?w=980&q=75)
![George Costanza is Finally Getting his Own Bobblehead at Yankee Stadium](http://townsquare.media/site/937/files/2023/11/attachment-superawesom12-via-youtube.jpg?w=980&q=75)