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Meaning of magnate
A magnate is a person of great influence, importance, or standing in a particular field, especially in business or industry.
Etymology of magnate
The word "magnate" comes from the Latin "magnas," meaning great, and the suffix "-ate," which forms a noun indicating a person or thing
Historically, the term referred to a high-ranking noble or dignitary, but its usage has expanded to include influential figures in various fields, especially business and industry
Synonyms
tycoon
mogul
baron
industrialist
entrepreneur
businessman
executive
financier
capitalist
investor
owner
proprietor
founder
patron
backer
sponsor
supporter
benefactor
philanthropist
leader
chief
head
dignitary
noble
aristocrat
grandee
plutocrat
billionaire
millionaire
magnifico
notability
celebrity
personality
bigwig
honcho
heavyweight
personage
luminary
Definitions
- A person of great influence, importance, or standing in a particular field, especially in business or industry
- A person who has a lot of power or influence, especially in business or industry
- A prominent or respected person in a particular field or activity
Usage Examples
- The tech magnate announced a new initiative to invest in renewable energy sources
- She is a magnate in the fashion industry, known for her innovative designs and successful business ventures
- The billionaire magnate donated a significant portion of his wealth to charitable causes