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tycoon

noun

/tʌɪˈkuːn/

IPA:

Dictionary definition of tycoon

A wealthy and powerful person who has achieved great success in business, industry, or finance.
"The tycoon's vast empire included companies in multiple industries."

Detailed meaning of tycoon

The term is often used to describe individuals who have amassed enormous amounts of wealth and exert significant influence in their respective fields. Tycoons are typically seen as highly skilled and ambitious entrepreneurs who have built successful enterprises from the ground up or who have risen to the top of established companies through their talent and hard work. They are often associated with industries such as banking, oil, technology, or real estate, and are known for their ability to make shrewd investments and take calculated risks. Tycoons often have a reputation for being ruthless and single-minded in their pursuit of wealth and power, and their actions can have a profound impact on the global economy and society at large. Despite this, many tycoons are also known for their philanthropy and their willingness to use their wealth to support charitable causes and promote social change.

Example sentences containing tycoon

1. The billionaire tycoon was a well-known philanthropist, donating millions to various causes.
2. He was a self-made tycoon who had started his business from scratch.
3. The tycoon's opulent lifestyle was the envy of many.
4. The media often scrutinized the tycoon's personal life and business dealings.
5. The tycoon's latest acquisition had made headlines around the world.
6. The billionaire tycoon built his empire from scratch, starting with a small investment.

History and etymology of tycoon

The noun 'tycoon' has its etymological origins in Japan, where it originally referred to a 'taikun,' meaning 'great lord' or 'prince.' This term was used during the Edo period (17th to 19th centuries) to address the ruling shogun, who held immense power and authority. In the late 19th century, during the Meiji Restoration, Japan underwent significant modernization and opened up to the Western world. Westerners encountered the term 'taikun' and began using it to describe powerful and influential individuals, especially in the context of business and industry. The word 'tycoon' thus entered the English language to refer to a wealthy and powerful person who has achieved great success in business, industry, or finance. Its etymology highlights its historical connection to Japan and its association with powerful leaders, which has evolved into the modern usage of the term.

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Further usage examples of tycoon

1. The media hailed him as a business tycoon, attributing his success to strategic investments and savvy decision-making.
2. The real estate tycoon owned multiple properties around the world, each more luxurious than the last.
3. The tech tycoon revolutionized the industry with his groundbreaking inventions and innovative business models.
4. The shipping tycoon controlled a vast fleet of cargo vessels, dominating the global logistics market.
5. The oil tycoon's wealth seemed limitless as he tapped into vast oil reserves and controlled the energy market.
6. The retail tycoon's chain of stores spanned across the country, making him a household name.
7. The casino tycoon's extravagant lifestyle was the envy of many, with private jets and lavish parties.
8. The pharmaceutical tycoon's company developed life-saving drugs that revolutionized medicine.
9. The media mogul was not just a tycoon but also a powerful influencer, shaping public opinion through his media empire.
10. The automotive tycoon's luxury cars were sought after by the elite, representing status and wealth.
11. The fashion tycoon's runway shows were the talk of the industry, setting trends and dictating style.
12. The tycoon's philanthropic efforts were commendable, as he donated substantial amounts to charitable causes.
13. The tycoon's empire crumbled when his unethical business practices were exposed, tarnishing his reputation.
14. The hotel tycoon owned a chain of high-end resorts, catering to the needs of the affluent travelers.
15. The mining tycoon extracted valuable minerals from the earth, amassing a fortune through natural resources.
16. The entertainment tycoon signed contracts with the biggest stars, creating blockbuster movies and hit television shows.
17. The tycoon's influence reached political realms, as he used his wealth to support political candidates and shape policies.
18. The tycoon's aggressive takeover strategies earned him a reputation as a ruthless businessman.
19. The tycoon's success story inspired many aspiring entrepreneurs, fueling their dreams of becoming industry leaders.