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Definition of magnate noun from the Oxford Advanced Learner's Dictionary

magnate

noun
 
/ˈmæɡneɪt/
 
/ˈmæɡneɪt/
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  1. a person who is rich, powerful and successful, especially in business
    • a media/property/shipping magnate
    • The company was owned by shipping magnate Fred Olsen.
    Topics Successc2, Businessc2
    Oxford Collocations DictionaryMagnate is used after these nouns:
    • media
    • newspaper
    • oil
    See full entry
    Word Originlate Middle English: from late Latin magnas, magnat- ‘great man’, from Latin magnus ‘great’.
See magnate in the Oxford Advanced American Dictionary
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