Meaning & Definition of word "Magnate"
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Magnate
/ˈmægneɪt/
noun:
- 1. A wealthy and influential person, especially in business or industry.
- Example: The real estate magnate bought several high-profile properties in the city.
- 2. A person of great influence or power in a particular field.
- Example: She became a media magnate, owning multiple television networks and production companies.
- 3. A person possessing great wealth and power, often in a specific industry.
- Example: The oil magnate was known for his philanthropic contributions to educational institutions.
Etymology
From Latin 'māgnātus', meaning 'greatness' or 'high rank'.
Common Phrases and Expressions
media magnate:
A person who has a significant influence in the media industry.
business magnate:
An individual with great wealth and influence in the business world.
real estate magnate:
A person who has achieved great wealth and power through real estate.
Related Words
tycoon:
A wealthy and powerful businessperson.
mogul:
An important or powerful person in the business world.
baron:
A person of great influence or importance in a specific field.
Slang Meanings of magnate
Meaning: Rich dude
Example Sentence: He's such a rich dude, driving around in his sports car.
Meaning: Big cheese
Example Sentence: In the startup world, he's the big cheese with all those deals.