ELI5: Explain Like I'm 5

New Russian

"New Russian" is a term used to describe wealthy people in Russia who became rich after the fall of the Soviet Union in the 1990s. These people got rich by starting businesses or buying state-owned companies for cheap prices. They often show off their wealth by buying expensive cars, clothing, and houses.

Think of it like playing a game where everyone starts with the same amount of money. Suddenly, the rules change and some people figure out a way to get more money than everyone else. These people become "New Russians" and start spending their new money on fancy things to show off their success.