Meaning & use

magnate

noun·Academic

Last updated

A wealthy and influential person, especially one who has succeeded in a particular business.

See it in a sentence

The shipping magnate donated millions to build the new hospital wing.

Several media magnates control most of the country's major news outlets.

A note on using this word

Almost always paired with the field the person dominates, as in "oil magnate" or "real estate magnate."

Words with a similar meaning

tycoonmogul

Choose a synonym to suit the sentence. Meanings can overlap without being identical.

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