mag·​nate | \ ˈmag-ˌnāt How to pronounce magnate (audio) , -nət \

Definition of magnate

: a person of rank, power, influence, or distinction often in a specified area a railroad magnate

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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 Billionaires like Cowboys owner Jerry Jones or Ken Hersch, CEO of the George W. Bush Presidential Center and oil magnate, have invested millions into esports organizations, which pay lucrative salaries to the the best of the best in gaming. Dallas News, "Squad up? Pro athletes linking up more and more with professional gamers, exposing both to new audiences," 7 May 2020 For those who don't watch B&B, is your character, who is a publishing magnate, a good guy or a bad guy? Lynette Rice,, "The Bold and the Beautiful star Don Diamont reflects on 35 years at CBS — and wearing Daisy Dukes," 7 Apr. 2020 Tens of thousands of demonstrators in Prague called for the resignation of Andrej Babis, the Czech prime minister, who is a business magnate. The Economist, "Politics this week," 8 June 2019 Battle of the billionaires: Bill Cohan writes in The Times’s Opinion page that private equity magnates are divided over federal rescues. New York Times, "Elon Musk and Mark Zuckerberg Aren’t on the Same Page," 30 Apr. 2020 Data from Crunchbase reveals that Goldman Sachs and Chinese technology magnate Tencent have poured millions into the workout-from-home app, which boasts more than 200 million users. Spencer Neale, Washington Examiner, "Beijing gyms forced to close again over second coronavirus wave as some prepare to open in US," 22 Apr. 2020 How much laboratory capacity could be expanded to ramp up for production of an eventual vaccine by allowing golf course and plumbing product magnate Herb Kohler to add his moniker to Lambeau Field. Nancy Armour, USA TODAY, "Opinion: What's in a name? If it's an iconic stadium or arena, a great deal of public good," 22 Apr. 2020 Welltower is said to have pulled out of a $3.1 billion (£2.5 billion) bid to buy Barchester Healthcare, a nursing home group majority-owned by Irish magnates JP McManus, Dermot Desmond and John Magnier. Lucinda Shen, Fortune, "Airbnb gets a $1 billion lifeline," 7 Apr. 2020 Talk of a bailout is in the air, spurred on in part by longtime Trump ally and fracking magnate Harold Hamm. Kate Aronoff, The New Republic, "A Moderate Proposal: Nationalize the Fossil Fuel Industry," 17 Mar. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'magnate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of magnate

15th century, in the meaning defined above

History and Etymology for magnate

Middle English magnates, plural, from Late Latin, from Latin magnus

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Time Traveler for magnate

Time Traveler

The first known use of magnate was in the 15th century

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Statistics for magnate

Last Updated

18 May 2020

Cite this Entry

“Magnate.” Dictionary, Merriam-Webster, Accessed 5 Jun. 2020.

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More Definitions for magnate


How to pronounce magnate (audio)

English Language Learners Definition of magnate

: a person who has great wealth and power in a particular business or industry

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More from Merriam-Webster on magnate

Thesaurus: All synonyms and antonyms for magnate

Rhyming Dictionary: Words that rhyme with magnate

Spanish Central: Translation of magnate

Nglish: Translation of magnate for Spanish Speakers

Britannica English: Translation of magnate for Arabic Speakers

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