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: a person of rank, power, influence, or distinction often in a specified area
a railroad magnate
Synonyms
Examples of magnate in a Sentence
a studio magnate who had the biggest stars in Hollywood at his beck and call
Recent Examples on the Web
The Big Story Elon Musk’s growing influence over Trump, D.C.
The tech magnate, who once largely eschewed politics, now has a political clout of his own to throw around as President-elect Trump heads back to the Oval Office.
—Julia Shapero, The Hill, 14 Jan. 2025
The shipping magnate — who also owns Olympiacos in Piraeus, Athens — brought the case against Irini Karipidis, chairperson of rival club Aris Thessaloniki, and three other claimants, including Ari Harow, formerly the chief of staff to Israeli prime minister Benjamin Netanyahu.
—Kevin Coulson, The Athletic, 10 Jan. 2025
The latter was founder of the Virginia Power & Railway Company, and later a hotel magnate.
—Howard Walker, Robb Report, 2 Dec. 2024
Enlisting their quintessentially Italian ingenuity, the fashion magnates took over the Fay brand which was, at the time, a producer of technical garments for fishermen and firefighters, and set their sights on adapting the firmly utilitarian design for a luxury clientele.
—Caroline Reilly, Robb Report, 3 Jan. 2025
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Word History
Etymology
Middle English magnates, plural, from Late Latin, from Latin magnus
First Known Use
15th century, in the meaning defined above
Time Traveler
The first known use of magnate was
in the 15th century
Articles Related to magnate
Dictionary Entries Near magnate
Cite this Entry
“Magnate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/magnate. Accessed 22 Jan. 2025.
Kids Definition
magnate
noun
mag·nate
ˈmag-ˌnāt
-nət
: a person of rank, power, or influence (as in an industry)
More from Merriam-Webster on magnate
Nglish: Translation of magnate for Spanish Speakers
Britannica English: Translation of magnate for Arabic Speakers
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