mag·​nate | \ˈmag-ˌnāt, -nət\

Definition of magnate 

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

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Synonyms for magnate


baron, captain, czar (also tsar), king, lion, lord, mogul, monarch, prince, tycoon

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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

The announcement comes on the heels of business magnate Warren Buffett's visit to Lenexa last week to open a new Geico location that will build to 500 jobs over five years. Allison Kite, kansascity, "New York-based company plants flag in Lee’s Summit, with 250 jobs planned," 25 June 2018 Lamont, a telecommunications magnate and second-time candidate for governor, featured a group of his former students in a television ad during his unsuccessful U.S. Senate campaign in 2006. Neil Vigdor,, "Ned Lamont Denies Joe Ganim's Charge That He Exaggerated Role As 'Volunteer' Teacher In Bridgeport," 14 June 2018 In contrast to titans of industry like Andrew Carnegie or railroad magnate and telegraph cable monopolist Jay Gould, who Mackay would famously defeat, Mackay commanded the admiration of people worldwide. Gregory Crouch, Smithsonian, "The Mining Millionaire Americans Couldn’t Help But Love," 6 June 2018 The Russian ruble tumbled 6.8% against the dollar last week after the Trump administration announced new sanctions against government officials and business magnates in Russia. Chelsey Dulaney, WSJ, "Sharp Drops in Currencies Hint at Spreading Volatility," 15 Apr. 2018 Virgin America, a carrier launched by business magnate Richard Branson, will end next year when the logos and paint schemes on the Virgin planes are painted over and the interiors are retrofitted to resemble Alaska Airlines planes. Hugo Martin,, "Alaska Airlines and Virgin America want your carry-on bags to be 32% smaller," 14 Apr. 2018 Tim Durham’s wife was the daughter of Beurt SerVaas, an Indianapolis business magnate and politician whose holdings included The Saturday Evening Post. Benjamin Wallace, HWD, "Can Anyone Repair National Lampoon’s Devastated Brand?," 1 May 2017 Deripaska, a billionaire aluminum magnate, did millions of dollars of business with former Trump campaign chairman Paul Manafort and his business partner Rick Gates, but eventually sued them for stealing $1.1 million. Chas Danner, Daily Intelligencer, "Beyond Russia: Understanding the New Trump Campaign Collusion Story," 20 May 2018 The story begins in 2005, when Manafort proposed to work for billionaire Russian aluminum magnate Oleg Deripaska. Jonathan Chait, Daily Intelligencer, "Will Trump Be Meeting With His Counterpart — Or His Handler?," 8 July 2018

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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Statistics for magnate

Last Updated

3 Nov 2018

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Time Traveler for magnate

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

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English Language Learners Definition of magnate

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

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Comments on magnate

What made you want to look up magnate? Please tell us where you read or heard it (including the quote, if possible).


obstinately defiant of authority

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