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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
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
To counter this, construction magnate turned shipbuilder Henry J. Kaiser proposed to the US government the building of a new class of seaplane bigger than anything previously conceived that would essentially be an airborne freighter.
—David Szondy, New Atlas, 25 Dec. 2024
The magnate behind electronics giant Dyson accused Labour of failing to understand the fundamental importance of the private sector in driving economic growth.
—Robert Olsen, Forbes, 16 Dec. 2024
The magnate began his career as a lawyer, according to EP Group’s website.
—Anna Cooban, CNN, 16 Dec. 2024
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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 18 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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