Definition of magnate in US English:

magnate

noun

  • A wealthy and influential person, especially in business.

    ‘a media magnate’
    • ‘The extravagant mansions built on the island of Syros reflect the wealth of these early magnates.’
    • ‘Andrew Carnegie was a steel magnate who gave a great deal of money away in his later years to libraries and educational causes.’
    • ‘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.’
    • ‘Film stars and directors, business magnates and corporate houses are now keen to acquire timeworn artifacts.’
    • ‘Hugh Allan, the railroad magnate, would steer Scottish immigrants there until they settled in elsewhere.’
    • ‘By 1000 most English bishops were monks, and both bishops and abbots deliberated with lay magnates in the king's council.’
    • ‘He had to consult the nobles, the magnates of the Church, and, in time, representatives from the towns who could make commitments of money.’
    • ‘In other words, the noble landlords and magnates, whose values were decidedly not those of Puritan asceticism, were in the vanguard of capitalism.’
    • ‘The most ardent backers of the opposition were the business magnates and the armed forces.’
    • ‘Experience also shows that our present rulers and corporate magnates will not yield without a fight.’
    • ‘Stephen was brought up at the court of his uncle Henry I, becoming one of the wealthiest of the Anglo-Norman magnates.’
    • ‘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.’
    • ‘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.’
    • ‘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.’
    • ‘The magnate's style creates interesting theatre, but is out of place in a modern boardroom.’
    • ‘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.’
    • ‘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.’
    • ‘Aware of the power of the press, many political parties have even nominated media magnates as members of parliament.’
    • ‘Kings and magnates claimed considerable portions of pasture and forest, and there were many disputes concerning their use.’
    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