a person of great influence, importance, or standing in a particular enterprise, field of business, etc.: a railroad magnate.
a person of eminence or distinction in any field: literary magnates.
a member of the former upper house in either the Polish or Hungarian parliament.
- mag·nate·ship, noun
- magnate , magnet
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use magnate in a sentence
The Panthers were built into a thriving business by Jerry Richardson, a onetime NFL player turned fast food restaurant magnate, who was awarded the expansion franchise in the early 1990s.The Billionaire Playbook: How Sports Owners Use Their Teams to Avoid Millions in Taxes | by Robert Faturechi, Justin Elliott and Ellis Simani | July 8, 2021 | ProPublica
That’s nothing new, he argues—Henry Ford responded in much the same way when workers in his factories spoke up, and Ford learned the tactic from the railroad magnates who preceded him.Tech’s new labor movement is harnessing lessons learned a century ago | Sarah Jaffe | June 30, 2021 | MIT Technology Review
Margarine and soap magnates like Britain’s William Lever looked to Europe’s colonies in Africa for larger quantities of fresher, edible palm oil.
A new booster class of bankers, retailers, insurance executives, real estate agents, utilities magnates and others took shape, motivated by a desire for military contracts and mobile factories.Political power keeps shifting from the Rust Belt to the Sun Belt. Here’s why. | Keith Orejel | May 20, 2021 | Washington Post
The business magnate did not, however, suggest this digital health record he was thinking about would come in the form of a microchip injected into individuals’ arms during vaccination.Are they experimental? Can they alter DNA? Experts tackle lingering coronavirus vaccine fears. | Allyson Chiu, Lindsey Bever | May 14, 2021 | Washington Post
The Glock family feud gets messier with new court documents alleging that gun magnate Gaston had a detective follow his ex-wife.
The most shadowy among them, according to Ukrainskaya Pravda, was a 28-year-old gas magnate named Sergiy Kurchenko.
“I think Scott Walker has come a long way,” added John Catsimatidis, a supermarket magnate who backed Romney in 2012.
When cosmetics magnate Stanley Picker died in 1982, he left behind a gorgeous house and notable art collection.
Then she helped press magnate Rupert Murdoch crush organized-labor opposition in his Wapping facilities.British Prime Minister Margaret Thatcher’s Lasting Legacy | Christopher Dickey | April 8, 2013 | THE DAILY BEAST
In the late eighties he returned to his native island, settled at Peel, and became a magnate there.Fifty Years of Railway Life in England, Scotland and Ireland | Joseph Tatlow
I had attempted the life of a great magnate; in him capitalism felt itself attacked.Prison Memoirs of an Anarchist | Alexander Berkman
Good Heavens, was that uncouth figure the voluble, buoyant, flashy magnate of the old days?The Trail of the Lonesome Pine | John Fox, Jr.
His smile softened the words which struck upon the ear of the magnate with an unaccustomed sound.Red Pepper Burns | Grace S. Richmond
I have come direct from Odessa, where I have had a talk with the Russian wheat magnate.The Devil | Joseph O'Brien
British Dictionary definitions for magnate
a person of power and rank in any sphere, esp in industry
history a great nobleman
(formerly) a member of the upper chamber in certain European parliaments, as in Hungary
- magnateship, noun
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