Meaning of the word "Midas touch" in English

What does "Midas touch" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

Midas touch

US /ˈmaɪdəs tʌtʃ/
UK /ˈmaɪdəs tʌtʃ/
"Midas touch" picture

Idiom

an ability to make money or be successful in everything one undertakes

Example:
Everything he invests in turns to gold; he truly has the Midas touch.
With her Midas touch, she turned the failing company into a huge success.