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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 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

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

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

Hotel magnate Thomas Pritzker once replied to him saying “Please excuse my lack of typos.”

From The Wall Street Journal

This week, the Greek magnate made one of the boldest plays of his 55-year tanker career: sending at least five ships through the Strait of Hormuz while war flared across the Middle East.

From The Wall Street Journal