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magnate

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

noun

  • magnates
    plural
  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

Inflected Forms

Nouns


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."

Keep Reading on Vocabulary.com

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.

See Examples For:

On Thursday, the holding company of construction magnate Francesco Gaetano Caltagirone, which holds 13.5 percent, said it would oppose a rival plan that has been put forward by MPS management.

From Barron's ● Oct. 8, 2026

Financed by Walter Chrysler, the motor magnate, the skyscraper's construction began in 1928 and was completed two years later.

From BBC ● Oct. 8, 2026

Owner Matt Ellis is without doubt the lead character, having come in as a fan but also an incredibly wealthy and successful kitchen magnate.

From BBC ● Oct. 3, 2026

Hotel magnate Conrad Hilton bought the property in 1950.

From Los Angeles Times ● Sep. 30, 2026

In New York, the sisters arranged a magnetic healing session with multimillionaire financier and railroad magnate Cornelius Vanderbilt.

From "Votes for Women!" by Winifred Conkling

But I’ve tackled enough of it to inform you that, sadly, ignoring Charles Schwab or J. P. Morgan Chase will not make the ghosts of these greedy American business magnates go away.

From Salon ● Mar. 24, 2026

Greek shipping companies collectively control the world’s biggest tanker fleet, giving magnates such as Prokopiou a powerful role in the oil market and access in Washington, D.C.

From The Wall Street Journal ● Mar. 6, 2026

It is, by design, capable of confronting not merely individual wrongdoers but vast criminal networks and incalculably rich corporations and commercial magnates.

From Slate ● Nov. 20, 2024

Also left unsaid: how many people will assist the two magnates and how that staff will be paid.

From Los Angeles Times ● Nov. 13, 2024

As Lawrence rose in professional esteem, his social circle came to encompass the banking and oil magnates who had become his financial patrons.

From "Big Science" by Michael Hiltzik

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