magnate
Americannoun
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a person of great influence, importance, or standing in a particular enterprise, field of business, etc..
a railroad magnate.
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a person of eminence or distinction in any field.
literary magnates.
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a member of the former upper house in either the Polish or Hungarian parliament.
noun
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a person of power and rank in any sphere, esp in industry
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history a great nobleman
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(formerly) a member of the upper chamber in certain European parliaments, as in Hungary
Other Word Forms
- magnateship noun
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."
Vocabulary lists containing magnate
That's Great!: Magn
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A Room of One's Own
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Hidden Figures
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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.
The Victorian-era town with dramatic cliffs is on the windswept northeast coast and was developed as a resort by a Quaker mining and railroad magnate in 1861.
From The Wall Street Journal • Mar. 25, 2026
It has become a magnate not only for tourists, but also immigrants moving to destinations such as Medellín and Bogotá from the likes of the US, Canada and the UK.
From BBC • Mar. 19, 2026
Hotel magnate Thomas Pritzker once replied to him saying “Please excuse my lack of typos.”
From The Wall Street Journal • Mar. 11, 2026
"That's been sort of a side effect of the modern world," said Wright, a former fracking magnate.
From Barron's • Feb. 17, 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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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.