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magnate

American  
[mag-neyt, -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."

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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.

See Examples For:

A few club members who relocated to South Florida or spend time there lined up to shake Bezos’ hand, including real-estate magnate Richard LeFrak and businessman Eddie Lampert.

From The Wall Street Journal Aug. 15, 2026

The L.A. billboard magnate whose name hung over the entrance to USC’s practice football field for a quarter century is suing the school for building a new, $200 million facility over top of it.

From Los Angeles Times Jul. 23, 2026

South African mining magnate Patrice Motsepe on Wednesday ruled out a future in politics, dismissing speculation that he could one day run for the country's presidency.

From Barron's Jul. 22, 2026

Miami nightlife magnate and Groot Hospitality founder David Grutman reflects on gaining wealth and the power of IP.

From The Wall Street Journal Jun. 12, 2026

Financial backers of both institutions—the Chemical Foundation in Columbia’s case and William Crocker, a banking and railroad magnate, in Berkeley’s case—seemed eager to pony up funds to cover Sloan’s further research.

From "Big Science" by Michael Hiltzik

Once these magnates were content to simply buy their local teams.

From The Wall Street Journal Oct. 17, 2025

Americans are well accustomed to ridiculously wealthy magnates assuming the same pose at their desks, or as Richard Branson did, on national TV.

From Salon Aug. 31, 2025

St John Harmsworth – brother of newspaper magnates Lords Northcliffe and Rothermere – made Perrier a byword for mineral water across the British empire.

From BBC Aug. 8, 2025

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

The suburb they had their sights on was the affluent lakefront district of the auto magnates: Grosse Pointe.

From "Middlesex: A Novel" by Jeffrey Eugenides

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