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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

  • 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

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 visit was organized by oil magnate and GOP donor Harry Sargeant III, who has helped broker agreements aimed at deepening U.S. commercial engagement in Venezuela.

From The Wall Street Journal

“I’ve never been, nor will I ever become a magnate,” Maduro said in a speech at a Christmas dinner in a Caracas slum just before breaking into a folk song.

From The Wall Street Journal

The 70-room mansion dates back to 1895, when it was built for business magnate Cornelius Vanderbilt II, who was one of the most prominent members of high society during that era.

From MarketWatch

For Penn State, losing a coach to a cookie magnate is a lot to chew on.

From The Wall Street Journal

Its name is associated with Thiel Capital, a California-based investment firm founded by the tech magnate, who himself was born in Germany and holds German citizenship.

From Barron's