Magnate (noun)

1. A person of great wealth, power, or influence, particularly in business or industry.
2. A powerful and wealthy individual who has significant control or influence in a particular field.
3. A wealthy and influential person who has a lot of power in business or industry.

Origin:

The word "magnate" comes from the latin word "magnus" which means "great" or "large." it was first used in the early 17th century to describe a person of great wealth, power, or influence, particularly in business or industry.

Examples:

1. He was a media magnate, who owned several newspapers and television stations.
2. She was a real estate magnate, who had built a fortune by developing properties.
3. He was a magnate in the oil industry, who had significant control over the price of oil.
4. The steel magnate was known for his ruthless business tactics.
5. The technology magnate was one of the wealthiest people in the world.