GREAT GIFT IDEA!

The Vocabulary Builder Workbook of Adjectives

✔ Add 2,000 must-know adjectives to your vocabulary.

✔ All-in-one: dictionary, thesaurus, & workbook.

✔ 99 categorized lessons, 232 practical activities.

✔ Suitable for students & professionals of all ages.

✔ Ideal preparation for: TOEFL, TOEIC, IELTS, SAT, ACT, GRE, GMAT, CPE, BEC, PTE, FCE

Buy on Amazon

4.9

Transform Your Vocabulary Today!

magnate

noun

/ˈmaɡneɪt/

IPA:

Dictionary definition of magnate

A person who holds a high position of power and prestige, particularly in the fields of industry, business, or finance.
"The oil magnate was one of the wealthiest men in the world."

Detailed meaning of magnate

The word is often used to describe a person who has a great deal of wealth and influence, and who exerts significant control over their industry or field of business. The word is often used to describe people who are powerful, wealthy and influential in their respective fields, and who have a substantial impact on the economy, society, or politics. For example, a person might say that a businessman is a magnate, meaning that he has a lot of wealth, power, and influence in the field of business. Or, one might say that a celebrity is a magnate, meaning that he has a lot of influence and power in the entertainment industry.

In general, the term implies that there is a person who holds a high position of power and prestige, particularly in the fields of industry, business, or finance, whether it's a businessman, a celebrity, or a politician, and that it is often used to describe a person who has a great deal of wealth and influence, and who exerts significant control over their industry or field of business, and who has a substantial impact on the economy, society, or politics.

Example sentences containing magnate

1. The tech magnate revolutionized the industry with innovative products.
2. The oil magnate's wealth made headlines around the world.
3. The shipping magnate controlled a vast fleet of cargo vessels.
4. The media magnate owned a network of influential news outlets.
5. The real estate magnate built a sprawling empire of luxury properties.
6. The fashion magnate's designs were sought after by celebrities.

History and etymology of magnate

The noun 'magnate' has its etymological origins in the Late Latin word 'magnas,' which means 'great man' or 'leader.' This Latin term was derived from 'magnus,' meaning 'great' or 'large.' As it transitioned into Middle English and other European languages, 'magnate' retained the sense of a great or influential person. Over time, it came to specifically refer to a person who holds a high position of power and prestige, particularly in the fields of industry, business, or finance. The term 'magnate' thus reflects the historical association between greatness and leadership, and its etymology can be traced back to the Latin root 'magnus,' emphasizing the importance and significance of individuals in positions of authority and influence.

Quiz: Find the meaning of the noun magnate:

answer1

answer2

answer3

answer4

Try Again!

Correct!

Continue Quiz

Further usage examples of magnate

1. The retail magnate oversaw a chain of successful stores.
2. The steel magnate's factories fueled the industrial revolution.
3. The mining magnate discovered valuable mineral deposits.
4. The hotel magnate invested in upscale properties worldwide.
5. The entertainment magnate produced blockbuster films and shows.
6. The banking magnate was a key player in the financial world.
7. The automotive magnate pioneered electric vehicle technology.
8. The telecommunications magnate controlled a global network.
9. The philanthropic magnate donated millions to charitable causes.
10. The shipping magnate's fortune was built on international trade.
11. The pharmaceutical magnate developed life-saving medications.
12. The energy magnate focused on renewable power initiatives.
13. The gaming magnate's company dominated the gaming industry.
14. The railroad magnate connected cities and transformed transportation.
15. He was a business magnate who had built his fortune from scratch.
16. The media magnate controlled a vast empire of newspapers and television stations.
17. The real estate magnate had a hand in some of the most iconic buildings in the city.
18. The technology magnate was known for his innovative approach to business.
19. The retail magnate had revolutionized the industry with her chain of stores.
20. The entertainment magnate had a hand in some of the biggest films and TV shows of the past decade.
21. The transportation magnate had built a vast empire of shipping and aviation companies.
22. The shipping magnate had a fleet of cargo ships that sailed the world's oceans.
23. The financial magnate had built a banking empire that spanned the globe.
24. The agricultural magnate had a vast network of farms and ranches.
25. The construction magnate had a hand in some of the most iconic buildings in the world.