Russian oligarchs
en.wikipedia.org

... Russian oligarchs (Russian: , romanized: oligarkhi) are business oligarchs of the former Soviet republics who rapidly accumulated wealth in the 1990s via the Russian privatisation that followed the dissolution of the Soviet Union. The failing Soviet state left the ownership of state assets contested, which allowed for informal deals with former USSR officials as a means to acquire state property.

The Russian oligarchs emerged as business entrepreneurs under Mikhail Gorbachev (General Secretary, 1985"1991) using various loopholes during economic liberalization under Gorbachev's perestroika.[1] Boris Berezovsky, a mathematician and former researcher, became the first well-known Russian business oligarch.[2]

Oligarchs became increasingly influential in Russian politics during Boris Yeltsin's presidency (1991"1999); they helped finance his re-election in 1996. Well-connected oligarchs like Roman Abramovich, Michail Khodorkovsky, Boris Berezovsky and Vladimir Potanin acquired key assets at a fraction of the value at the loans for shares scheme auctions conducted in the run-up to the election.[3] Defenders of the out-of-favor oligarchs argue that the companies they acquired were not highly valued at the time because they still ran on Soviet principles, with non-existent stock control, huge payrolls, no financial reporting and scant regard for profit.[4] ...

So, it looks like Pres trump is following the path led by Russia in the oligarchs' takeover of government.