Meaning of “magnate” in the English Dictionary

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"magnate" in American English

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magnatenoun [ C ]

us /ˈmæɡ·nət, -neɪt/

a person who is very successful, powerful, and rich, esp. in a particular business:

a real estate/media magnate

(Definition of “magnate” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"magnate" in Business English

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magnatenoun [ C ]

uk /ˈmæɡneɪt/ us

someone who has become very rich and successful in business or industry, especially someone who owns a large organization that they started themselves:

a newspaper/oil/shipping/steel, etc. magnate Jacqueline Kennedy married the Greek shipping magnate, Aristotle Onassis.

(Definition of “magnate” from the Cambridge Business English Dictionary © Cambridge University Press)