: 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
James Dyson, the business magnate behind electronics giant Dyson, slammed Chancellor Rachel Reeves’s measures to increase taxes, including on the inheritance of farmland worth above £1 million in value.
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Byprarthana Prakash, Fortune Europe, 4 Nov. 2024
Trump has taken up an idea floated by Musk to create a government efficiency commission, and said the tech magnate would be a big part of the commission.
—Lora Kolodny, CNBC, 20 Oct. 2024
But Musk’s political restraint has vanished over the last two years as the magnate pivoted to using his vast wealth, celebrity and outsize online presence to become one of former President Trump’s most visible and deep-pocketed champions.
—Laura J. Nelson, Los Angeles Times, 16 Oct. 2024
According to filings made with the Federal Election Commission Tuesday, the Midwestern shipping and packing supplies magnate made contributions totaling $48.8 million to Restoration PAC last quarter (July-September).
—Siladitya Ray, Forbes, 16 Oct. 2024
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Byprarthana Prakash, Fortune Europe, 4 Nov. 2024
Trump has taken up an idea floated by Musk to create a government efficiency commission, and said the tech magnate would be a big part of the commission.
—Lora Kolodny, CNBC, 20 Oct. 2024
But Musk’s political restraint has vanished over the last two years as the magnate pivoted to using his vast wealth, celebrity and outsize online presence to become one of former President Trump’s most visible and deep-pocketed champions.
—Laura J. Nelson, Los Angeles Times, 16 Oct. 2024
According to filings made with the Federal Election Commission Tuesday, the Midwestern shipping and packing supplies magnate made contributions totaling $48.8 million to Restoration PAC last quarter (July-September).
—Siladitya Ray, Forbes, 16 Oct. 2024
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Cite this Entry
“Magnate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/magnate. Accessed 22 Nov. 2024.
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magnate
noun
mag·nate
ˈmag-ˌnāt 
-nət
: a person of rank, power, or influence (as in an industry)
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