magnate JUST WRITTEN FOR YOU
/ˈmæɡneɪt/ · mag·nate
noun
- A powerful industrialist; captain of industry I have decided to become an oil magnate, after spending quite some time reading the dictionary definition of the word magnate.
- A person of rank, influence or distinction in any sphere The city's cultural magnate was known for her philanthropic efforts and support of local artists.
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Did you know? The term 'magnate' was first used in the 16th century to describe a person of great influence or power, and has since been used to refer to notable figures such as Andrew Carnegie and John D. Rockefeller, who were prominent industrialists and philanthropists of their time.