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robber baron

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noun
  1. History/Historical. a noble who robbed travelers passing through his lands.
  2. a ruthlessly powerful U.S. capitalist or industrialist of the late 19th century considered to have become wealthy by exploiting natural resources, corrupting legislators, or other unethical means.
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Origin of robber baron

First recorded in 1875–80
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018