Definition, Meaning & Synonyms
magnate
noun
/ˈmaɡ.neɪt/
Definition
A magnate is a person of great influence or power, especially in a particular industry or field.
Examples
- The newspaper reported on the business magnate who just acquired several tech companies.
- She became a real estate magnate after investing wisely in the housing market.
- The oil magnate was known for his lavish lifestyle and philanthropic efforts.
Meaning
Typically, a magnate is someone who has achieved significant wealth or success, often playing a crucial role in the economy or politics.
Synonyms
- tycoon
- baron
- mogul
- industrialist
