Definition of magnate in US English:

magnate

noun

  • A wealthy and influential person, especially in business.

    ‘a media magnate’
    • ‘A more innocent reason for the chat was that Cragnotti, a fruit magnate, was trying to enlist Erikkson as the European face of Del Monte.’
    • ‘The magnate's style creates interesting theatre, but is out of place in a modern boardroom.’
    • ‘He had to consult the nobles, the magnates of the Church, and, in time, representatives from the towns who could make commitments of money.’
    • ‘The most ardent backers of the opposition were the business magnates and the armed forces.’
    • ‘The extravagant mansions built on the island of Syros reflect the wealth of these early magnates.’
    • ‘In other words, the noble landlords and magnates, whose values were decidedly not those of Puritan asceticism, were in the vanguard of capitalism.’
    • ‘Film stars and directors, business magnates and corporate houses are now keen to acquire timeworn artifacts.’
    • ‘More than 9,000 works of art were donated to the city of Glasgow by the shipping magnate Sir William Burrell and his wife, Constance.’
    • ‘Property magnate John Bloor bought the land for redevelopment and picked up the Triumph name as part of the deal.’
    • ‘In the late 1960s came an unexpected invitation to work for the Johnsons of Wisconsin - the floor-wax magnates and art collectors.’
    • ‘Hugh Allan, the railroad magnate, would steer Scottish immigrants there until they settled in elsewhere.’
    • ‘Mr Trump is the building magnate and author of The Art of the Deal, one of the most successful business best-sellers of all time.’
    • ‘Stephen was brought up at the court of his uncle Henry I, becoming one of the wealthiest of the Anglo-Norman magnates.’
    • ‘Aware of the power of the press, many political parties have even nominated media magnates as members of parliament.’
    • ‘He seemed to be heading the same way as his cousins Dinto and Tindo, both of whom were now successful tea shop magnates in Fujeirah.’
    • ‘Experience also shows that our present rulers and corporate magnates will not yield without a fight.’
    • ‘An alliance into a historic family deemed amongst the most powerful of the Northern magnates of England would ensure the wealth, security and influence of Mann.’
    • ‘Kings and magnates claimed considerable portions of pasture and forest, and there were many disputes concerning their use.’
    • ‘By 1000 most English bishops were monks, and both bishops and abbots deliberated with lay magnates in the king's council.’
    • ‘Andrew Carnegie was a steel magnate who gave a great deal of money away in his later years to libraries and educational causes.’
    industrialist, tycoon, mogul, captain of industry, baron, lord, king, proprietor, entrepreneur, merchant prince, financier, top executive
    View synonyms

Origin

Late Middle English: from late Latin magnas, magnat- ‘great man’, from Latin magnus ‘great’.

Pronunciation