: 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
Aga Khan's Legacy The Aga Khan was not only a religious figure but also evolved into a business magnate and philanthropist over the decades.
—
Anders Fogh Rasmussen, Newsweek, 5 Feb. 2025
All the while, Musk, the billionaire tech magnate who has never been elected to office or confirmed by the Senate for a high-level government job, is pushing a far-reaching agenda.
—Elizabeth Robinson, NBC News, 4 Feb. 2025
Shipping magnate Aristotle Onassis rescued the former Royal Canadian Navy support boat from the scrap heap for $34,000 after World War II and spent $4 million (now about $50 million) transforming the military vessel into a statement of postwar opulence.
—Tristan Rutherford, Robb Report, 1 Feb. 2025
Late patriarch Henry Phipps Jr. was a business partner of steel magnate Andrew Carnegie.
—Hayley Cuccinello, CNBC, 31 Jan. 2025
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Anders Fogh Rasmussen, Newsweek, 5 Feb. 2025
All the while, Musk, the billionaire tech magnate who has never been elected to office or confirmed by the Senate for a high-level government job, is pushing a far-reaching agenda.
—Elizabeth Robinson, NBC News, 4 Feb. 2025
Shipping magnate Aristotle Onassis rescued the former Royal Canadian Navy support boat from the scrap heap for $34,000 after World War II and spent $4 million (now about $50 million) transforming the military vessel into a statement of postwar opulence.
—Tristan Rutherford, Robb Report, 1 Feb. 2025
Late patriarch Henry Phipps Jr. was a business partner of steel magnate Andrew Carnegie.
—Hayley Cuccinello, CNBC, 31 Jan. 2025
See all Example Sentences for magnate
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Cite this Entry
“Magnate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/magnate. Accessed 13 Feb. 2025.
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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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