Government by the few for the interest of the few is known as

Government by the few for the interest of the few is known as oligarchy. Oligarchy is a form of government where a small group of people have control and power over a country or organization. In an oligarchic system, the ruling class usually consists of wealthy and powerful individuals who hold a disproportionate amount of political influence and economic resources, often at the expense of the majority of the population. Therefore, oligarchy is a type of rule that is often criticized for being undemocratic and favoring the interests of the few over the common good.