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magnate

American  
[mag-neyt, -nit] / ˈmæg neɪt, -nɪt /

noun

  1. a person of great influence, importance, or standing in a particular enterprise, field of business, etc..

    a railroad magnate.

  2. a person of eminence or distinction in any field.

    literary magnates.

  3. a member of the former upper house in either the Polish or Hungarian parliament.


magnate British  
/ ˈmæɡneɪt, -nɪt /

noun

  1. a person of power and rank in any sphere, esp in industry

  2. history a great nobleman

  3. (formerly) a member of the upper chamber in certain European parliaments, as in Hungary

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

  • magnateship noun

Etymology

Origin of magnate

1400–50; back formation from Middle English magnates (plural) < Late Latin magnātēs leading people, equivalent to Latin magn ( us ) magn- + -ātēs, plural of -ās noun suffix

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The Victorian-era town with dramatic cliffs is on the windswept northeast coast and was developed as a resort by a Quaker mining and railroad magnate in 1861.

From The Wall Street Journal • Mar. 25, 2026

Oodles of diplomatic energy have been expended on the unlikely relationship between the former human rights lawyer, Sir Keir Starmer and the former real estate magnate turned reality TV star, Donald Trump.

From BBC • Mar. 3, 2026

"That's been sort of a side effect of the modern world," said Wright, a former fracking magnate.

From Barron's • Feb. 17, 2026

The announcement comes nearly a decade after news broke of business magnate David Geffen’s record-high $150-million donation toward the construction of a new museum building to be designed by Pritzker Prize-winning architect Peter Zumthor.

From Los Angeles Times • Feb. 5, 2026

More than that, surely; a chocolate magnate, the creator of Amo.

From "Atonement" by Ian McEwan