Meaning of the word magnate in English
What does magnate mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
magnate
US /ˈmæɡ.nət/
UK /ˈmæɡ.nət/
Noun
a person of great wealth, influence, or power in a particular business or industry
Example:
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The oil magnate donated millions to the university.
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He became a powerful shipping magnate in the late 19th century.