Meaning of the word tycoon in English

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

tycoon

US /taɪˈkuːn/
UK /taɪˈkuːn/

Noun

1.

a person who has succeeded in business or industry and has become very rich and powerful:

Example:
a business/property/shipping tycoon
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