What is the meaning of Magnate?

Powerful industrialist; captain of industry.

A person of rank, influence or distinction in any sphere.

In medieval and early modern Italy, a member of a legally defined category of especially wealthy patrician families, often deprived of the right to political participation by republican governments.

magnate, tycoon, captain of industry

vocative singular of magnātus

a high official

magnate, tycoon

magnate

Source: wiktionary.org