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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

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.

Likewise, Andy’s story starts when a magnate shutters her current job at a newspaper called the New York Vanguard, firing her and her colleagues for a $500-million tax write-off.

From Los Angeles Times • Apr. 29, 2026

Not only does the Korean magnate understandably detest that style, she has no love for Lindsay either.

From Salon • Apr. 23, 2026

Witkoff, a former real estate magnate, is Donald Trump's special envoy and Kushner is the US president's son-in-law.

From BBC • Apr. 21, 2026

The hopefuls included the daughter of late autocrat Alberto Fujimori, a comedian who imitates his rivals, a fugitive, and a business magnate who has adopted the nickname Porky because of his chubby face.

From The Wall Street Journal • Apr. 13, 2026

The second was a donation of £250,000 from the automobile magnate Lord Austin, which ended the Cavendish’s poverty-row ways for good.

From "Big Science" by Michael Hiltzik

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