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Magnate Meaning in English

word

ˈmæɡˌneɪt/, /ˈmæɡnət
MAG-nayt
mˈæɡneɪt
MAG-nayt

Definition

A magnate is a very rich, powerful, and influential person, especially in business or industry.

Usage & Nuances

'Magnate' is formal and often used in journalism or business writing. Common combinations are 'business magnate,' 'media magnate,' and 'real estate magnate.' It's never used casually for minor businesspeople.

Example Sentences

He became a hotel magnate after years of hard work.

basic

The company was founded by a media magnate.

basic

A famous oil magnate invested in the new project.

basic

He's not just rich; he's a tech magnate everyone knows.

natural

Rumor has it the shipping magnate bought the whole island.

natural

You can't compete with a business magnate like her.

natural