Midas touch

American  

noun

1. the ability to turn any business venture one is associated with into an extremely profitable one.

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Usage

What does Midas touch mean? Midas touch is the ability to turn any business into a profitable one, as in The CEO had the Midas touch, managing to turn the business into a highly successful company. A person who always seems to be able to make anything into a success is said to have the Midas touch, as in Kathy must have the Midas touch because her team wins every game she plays in. The phrase is almost always meant as glowing praise or a big compliment. Example: Jake would need the Midas touch to turn the failing business into a success.

Etymology

Origin of Midas touch

First recorded in 1880–85; see origin at Midas

Example Sentences

After masterminding surprise wins over Manchester City and Premier League leaders Arsenal, this remarkable encounter suggested former United midfielder Carrick might have the Midas touch.

From Barron's • Feb. 1, 2026

Brian Redban, co-owner of Sunset Strip ATX, comedian, podcaster, and producer of “JRE” and hit shows like “Kill Tony” and “Secret Show,” quite literally has the Midas touch.

From Los Angeles Times • Sep. 30, 2024

Mr Sunak "has clearly become the man with the reverse Midas touch", Sir Keir said.

From BBC • Nov. 29, 2023

The D-backs were cursed with a reverse Midas touch.

From Washington Times • Oct. 25, 2023

In Canada, with all its capabilities and advantages, there is no royal road to riches—no Midas touch to turn everything into gold.

From The Englishwoman in America by Bird, Isabella L. (Isabella Lucy)