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Synonyms

magnate

American  
[mag-neyt, -nit] / ˈmæg neɪt, -nɪt /

noun

  1. a person of great influence, importance, or standing in a particular enterprise, field of business, etc..

    a railroad magnate.

  2. a person of eminence or distinction in any field.

    literary magnates.

  3. a member of the former upper house in either the Polish or Hungarian parliament.


magnate British  
/ ˈmæɡneɪt, -nɪt /

noun

  1. a person of power and rank in any sphere, esp in industry

  2. history a great nobleman

  3. (formerly) a member of the upper chamber in certain European parliaments, as in Hungary

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

Derived Forms

Etymology

Origin of magnate

1400–50; back formation from Middle English magnates (plural) < Late Latin magnātēs leading people, equivalent to Latin magn ( us ) magn- + -ātēs, plural of -ās noun suffix

Explanation

If you’re a hugely successful businessperson, particularly if you’ve cornered the market in a specific area, you’re a magnate. Magnates are often larger-than-life characters, like that oil tycoon who wears a cowboy hat with his tuxedo. Historically, a magnate was a man of noble birth (from the Latin magnus, meaning "a nobleman," or at least someone distinguished by his achievements. In the twentieth century, the stock of a magnate has rather fallen. If you’re vulgar and loud-spoken as well as rich, you’re probably a magnate. Thanks to the legendary movie producer Samuel Goldwyn, all film studio heads are now "studio magnates."

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Vocabulary lists containing magnate

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Real Madrid is owned entirely by members who elect the president, with this the first presidential election in 20 years to feature a challenger - renewable energy magnate Enrique Riquelme.

From BBC • Jun. 8, 2026

In the 1870s, Leland Stanford, the railroad magnate and benefactor of the university that bears his name, funded an effort to find out.

From Slate • May 25, 2026

Mining magnate Robert Friedland’s Ivanhoe Mines recently opened Africa’s largest copper smelter in the Democratic Republic of the Congo, a top copper producer that relies on Middle Eastern acid.

From The Wall Street Journal • May 9, 2026

Morgan and steel magnate Andrew Mellon were known as “robber barons External link.”

From Barron's • May 2, 2026

The parade ended at Darling Stadium, the namesake of the oyster magnate whose creative entrepreneurship had brokered the land deal with the federal government for the Langley laboratory a half century before.

From "Hidden Figures" by Margot Lee Shetterly

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