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Encyclopedia > Business magnate

A business magnate, sometimes referred to as a mogul, tycoon, baron, or industrialist, is a person who has reached a prominent place in a particular industry (or set of industries) and whose wealth has been derived primarily therefrom. Such people usually amass substantial fortunes in the process, and tend to become widely known in connection with their business(es) or through other pursuits such as philanthropy. Examples of well-known business magnates include newspaper magnate William Randolph Hearst of the Hearst Corporation, oil magnate John D. Rockefeller of Standard Oil, steel magnate Lakshmi Niwas Mittal of Mittal Steel, and software magnate Bill Gates of Microsoft. There are a number of interpretations of the word Tycoon: The taikun, another title of the Japanese shogun. ... Polish Magnate (17th century) Magnate, from the Late Latin magnas, a great man, itself from Latin magnus great, designates a noble or other man in a high social position, by birth, wealth or other qualities. ... Philanthropy is the act of donating money, goods, time, or effort to support a charitable cause, usually over an extended period of time and in regard to a defined objective. ... For other people named William Randolph Hearst, see William Randolph Hearst (disambiguation) William Randolph Hearst I (April 29, 1863 – August 14, 1951) was an American newspaper magnate. ... The Hearst Corporation is a large privately-held media conglomerate based in New York City. ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... John Davison Rockefeller, Sr. ... Standard Oil (Esso) was a predominant integrated oil producing, transporting, refining, and marketing company. ... For other uses, see Steel (disambiguation). ... Lakshmi Narayan Mittal (also known as Lakshmi Niwas Mittal) is a billionaire industrialist of Indian origin currently residing in London. ... Mittal Steel Company N.V. (NYSE: MT) is the worlds largest steel producer. ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... For other persons named Bill Gates, see Bill Gates (disambiguation). ... Microsoft Corporation, (NASDAQ: MSFT, HKSE: 4338) is a multinational computer technology corporation with global annual revenue of US$44. ...


In Russia and some other post-Soviet countries, the term "business oligarch" has become popular. The rise of Gorbachev Although reform stalled between 1964–1982, the generational shift gave new momentum for reform. ... Business oligarch is a near-synonym of the term business magnate. The choice of the word oligarch denotes the significant influence such wealthy individuals may have on the life of a nation. ...


Etymology

The word tycoon is derived from the Japanese word taikun (大君?), which means "great lord" or "shogun". The word entered the English language in the 19th century with the return of Commodore Perry to the United States. U.S. President Abraham Lincoln was humorously referred to as "the Tycoon" by his aides John Nicolay and John Hay. The term spread to the business community, where it has been used ever since. Taikun (大君) is an archaic Japanese term of respect derived from Chinese used to refer to a monarch. ... Taikun (大君) is an archaic Japanese term of respect derived from Chinese used to refer to a monarch. ... Minamoto no Yoritomo, the first shogun of the Kamakura shogunate Shōgun )   is supreme general of the samurai,a military rank and historical title in Japan. ... The English language is a West Germanic language that originates in England. ... Alternative meaning: Nineteenth Century (periodical) (18th century — 19th century — 20th century — more centuries) As a means of recording the passage of time, the 19th century was that century which lasted from 1801-1900 in the sense of the Gregorian calendar. ... Matthew Calbraith Perry (1794-1858). ... Federal courts Supreme Court Circuit Courts of Appeal District Courts Elections Presidential elections Midterm elections Political Parties Democratic Republican Third parties State & Local government Governors Legislatures (List) State Courts Local Government Other countries Atlas  US Government Portal      For other uses, see President of the United States (disambiguation). ... For other uses, see Abraham Lincoln (disambiguation). ... Look up Humour in Wiktionary, the free dictionary. ... John George Nicolay (1832–1901) was an American (German-born) biographer. ... John Milton Hay (October 8, 1838 – July 1, 1905) was an American statesman, diplomat, author, journalist, and private secretary and assistant to Abraham Lincoln. ...


The word mogul originally meant Mongol, or person of Mongolian descent. In this context, it refers to the Mughal Empire (mughal is the Indo-Aryan spelling of mogul) of India that existed between 1526-1857. The early emperors of Mughal claimed themselves descendants of Mongol ruler Genghis Khan and adopted a Mongolian identity. The modern meaning of the word is supposedly derived from the excessive riches of the Mughal emperors, which for example produced the Taj Mahal. Honorary guard of Mongolia. ... Flag Mughal Empire at its greatest extent in 1700 Capital Agra, Delhi Language(s) Persian (initially also Chagatai; later also Urdu) Government Monarchy List of Mughal emperors  - 1526-1530 Babur  - 1530–1539 and after restoration 1555–1556 Humayun  - 1556–1605 Akbar  - 1605–1627 Jahangir  - 1628–1658 Shah Jahan  - 1659–1707... January 14 - Treaty of Madrid. ... 1857 was a common year starting on Thursday (see link for calendar). ... For other uses, see Genghis Khan (disambiguation). ... Taj Mahal Location of the Taj Mahal within India The Taj Mahal (Devanagari: ताज महल, Nastaliq: تاج محل) is a mausoleum located in Agra, India. ...


The word magnate itself derives from the Latin word magnates (plural of magnas), meaning "great person" or "great nobleman." Polish Magnate (17th century) Magnate, from the Late Latin magnas, a great man, itself from Latin magnus great, designates a noble or other man in a high social position, by birth, wealth or other qualities. ... For other uses, see Latin (disambiguation). ...


As the term industrialist (from the English word "industry") was more widely used in the context of "old world" industries such as steel, oil, newspapers, shipping and rail transport, it has largely been superseded by the other, more modern terms that encompass a wider range of business and commercial activity.


Notable magnates

Carlos Slim in Brazil. ... Sean John Combs (born November 4, 1969[1]) is an American entertainment mogul, record producer, actor and rapper. ... Kwek Leng Beng is a Singapore billionaire. ... Jaime Augusto Zobel de Ayala II(JAZA) (born 1959), is a Filipino businessman and member of the influential Zobel de Ayala family of the Philippines. ... Lucio Tan (born July 17, 1934) is a prominent Filipino business magnate. ... John Gokongwei, Jr. ... Roman Arkadyevich Abramovich (IPA: ) (Russian: ) (born 24 October 1966 in Saratov, Russia) is a Russian oil billionaire and the main owner of private investment company Millhouse Capital, referred to as one of the Russian oligarchs. ... Gianni Agnelli. ... Antti Ahlström was one of Finlands most influential and wealthy 19th century businessmen. ... For other persons named Paul Allen, see Paul Allen (disambiguation). ... For the guitarist and entertainer, see Mary Kaye. ...   (born September 29, 1936) is an Italian politician, entrepreneur, and media proprietor. ... Alternate meaning: The Big Four (novel) The Big Four were the chief entrepreneurs in the building of the Central Pacific Railroad, the western portion of the First Transcontinental Railroad in the United States. ... This article refers to a railroad built in the United States between Omaha and Sacramento completed in 1869. ... Amasa Leland Stanford (March 9, 1824–June 21, 1893) was an American business tycoon, politician and founder of Stanford University. ... Collis Potter Huntington (October 22, 1821 – August 13, 1900) was one of the Big Four of western railroading (along with Leland Stanford, Mark Hopkins and Charles Crocker) who built the Southern Pacific Railroad and other major interstate train lines. ... subject_name=Charles Crocker| image_name=ccrocker. ... Mark Hopkins (September 1, 1813 – March 29, 1878) was one of four principal investors who formed the Central Pacific Railroad along with Leland Stanford, Charles Crocker and Collis Huntington in 1861. ... Björgólfur Thor Björgólfsson Björgólfur Thor Björgólfsson (born 1967-03-19 in Reykjavík, Iceland), known internationally as Thor Bjorgolfsson is an Icelandic businessman and entrepreneur, and chairman of the financial firm Straumur-Burðarás and chairman of Investment firm Novator. ... Conrad Moffat Black, Baron Black of Crossharbour, PC, OC, KCSG (born 25 August 1944, in Montreal, Quebec, Canada) is a former financier, newspaper magnate, and biographer. ... Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, philanthropist, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. ... To meet Wikipedias quality standards, the lead section of this article may need to be expanded. ... Warren Edward Buffett (b. ... George Walker Bush (born July 6, 1946) is the 43rd and current President of the United States, inaugurated on January 20, 2001 and re-elected in the 2004 U.S. presidential election. ... Andrew Carnegie (last name pronounced , )[1] (November 25, 1835 – August 11, 1919) was a Scottish industrialist, businessman, a major philanthropist, and the founder of Pittsburghs Carnegie Steel Company which later became U.S. Steel. ... Sir James Dyson (born Cromer, Norfolk, England, 2 May 1947) is a British industrial designer. ... Joop van den Ende (Februari 23, 1942) is is a billionaire media tycoon and theatre producer from The Netherlands. ... Ralph S. Evinrude (September 27, 1907 – May 21, 1986) was an American business magnate best known for being the Chairman of Outboard Marine Corporation, and the husband of singer and entertainer Frances Langford. ... Henry Morrison Flagler (January 2, 1830 – May 20, 1913) was a United States tycoon, real estate promoter, railroad developer and Rockefeller partner in Standard Oil. ... Henry Ford (1919) Henry Ford (July 30, 1863 – April 7, 1947) was the founder of the Ford Motor Company and father of modern assembly lines used in mass production. ... John Fredriksen, (born 1944) is an oil tanker and shipping tycoon, and Norways richest man. ... For other persons named Bill Gates, see Bill Gates (disambiguation). ... J. Peter Grace (1913 - 1995) was a multimillionaire American industrialist and conglomerateur of Irish Catholic extraction. ... For other people named William Randolph Hearst, see William Randolph Hearst (disambiguation) William Randolph Hearst I (April 29, 1863 – August 14, 1951) was an American newspaper magnate. ... Leona Helmsley (July 4, 1920 – August 20, 2007) was a billionaire New York City hotel operator and real estate investor. ... James J. Hill at about age 35, ca. ... For the Welsh murderer, see Howard Hughes (murderer). ... Samuel Insull (November 11, 1859 - July 16, 1938) was an investor in Chicago who was known for purchasing utilities and railroads. ... Ray Kroc (October 5, 1902 – January 14, 1984) was an American entrepreneur, famous for significantly expanding the McDonalds Corporation from 1955. ... Raymond Lakah is the owner of the French newspaper France Soir. ... Estée Lauder Companies Inc. ... Kenneth Lee Ken Lay (April 15, 1942 – July 5, 2006) was an American businessman, best known for his role in the widely-reported corruption scandal that led to the downfall of Enron Corporation. ... Mellon portrait Andrew William Mellon (March 24, 1855–August 27, 1937) was an American banker, industrialist, philanthropist, and Secretary of the Treasury from March 4, 1921 until February 12, 1932. ... Lakshmi Narayan Mittal[1] (or Lakshmi Nivas Mittal) (लक्ष्मी िनवास मित्तल) (born June 15, 1950) is a London-based Indian billionaire industrialist, born in Sadulpur Village, in the Churu district of Rajasthan, India, and residing in Kensington, London. ... John Pierpont Morgan (April 17, 1837 – March 31, 1913), American financier and banker, was born in Hartford, Connecticut, a son of Junius Spencer Morgan (1813–1890), who was a partner of George Peabody and the founder of the house of J. S. Morgan & Co. ... Keith Rupert Murdoch AC, KCSG (born 11 March 1931) is an Australian born United States citizen who is a global media executive and is the controlling shareholder, chairman and managing director of News Corporation, based in New York. ...   (October 21, 1833, Stockholm, Sweden—December 10, 1896, Sanremo, Italy) was a Swedish chemist, engineer, innovator, armaments manufacturer and the inventor of dynamite. ... Aristotelis Sokratis (also Ari) Onassis (in Greek, Αριστοτέλης Ωνάσης) (January 20, 1900 – March 15, 1975) was the most famous shipping magnate of the 20th century. ... Marshall Naify is a movie and media billionaire who was long-term chairman of the board of United Artists and later co-chairman of the board of Todd AO, a legendary Hollywood production company which worked on Apollo 13 and other major films. ... Sir Ernest Oppenheimer (22 May 1880, born in Pietersbeg, South Africa), was a diamond, gold mining and financial entrepreneur, and founder of the Anglo American Corporation of South Africa. ... T. Boone Pickens, Jr. ... Thomas Rawlinson was an 18th century English industrialist who at one time and even today is widely reputed, though not without controversy, to have been the inventor of the modern kilt. ... Cecil Rhodes Cecil John Rhodes, PC, DCL, (July 5, 1853 – March 26, 1902[1]) was a British-born South African businessman, mining magnate, and politician. ... Henry Huttleston Rogers (January 29, 1840 – May 19, 1909) was a United States capitalist, businessman, industrialist, financier, and philanthropist. ... John Davison Rockefeller, Sr. ... George Soros (pronounced ) [Shorosh] (born August 12, 1930, in Budapest, Hungary, as György Schwartz) is an American financial speculator, stock investor, philanthropist, and political activist. ... Sir Ivan Arthur Rice Stedeford, GBE (28 January 1897–9 February 1975) was a British industrialist and philanthropist. ... Martha Stewart (born Martha Helen Kostyra on August 3, 1941) is an American business magnate, author, editor and homemaking advocate. ... Donald John Trump (born June 14, 1946 in Queens, New York, New York) is an American business executive, entrepreneur, television and radio personality and author. ... Robert Edward Turner III (born November 19, 1938) in Cincinnati, Ohio[1]) is an American media mogul and philanthropist. ... {{Infobox Person | name = Cornelius Vanderbilt | image = Vanderbilt. ... Samuel Moore Walton (March 29, 1918 – April 6, 1992), born in Kingfisher, Oklahoma was the founder of two American retailers Wal-Mart and Sams Club. ... Lew Wasserman (March 15, 1913 - June 3, 2002) was a Hollywood agent and studio executive credited with first creating and then taking apart the studio system in a career spanning more than six decades. ... Oprah Winfrey, (born January 29, 1954) is a multiple-Emmy Award winning host of The Oprah Winfrey Show, the highest rated talk show in television history. ... V. Cheryl Womack (she will not reveal what the V stands for), born on December 31, 1950, the third eldest of 11 children of a struggling Hispanic immigrant family in Kansas City, Kansas, is the chairwoman of Leading Women Entrepreneurs of the World, an association of businesswomen based in Kansas...

See also

Articles

Lists Local Baron is a pejorative title given by the media to Romanian politicians or business men suspected of abusing their powers for personal gain. ... Business oligarch is a near-synonym of the term business magnate. The choice of the word oligarch denotes the significant influence such wealthy individuals may have on the life of a nation. ... A media proprietor is a person who controls, either through personal ownership or a dominant position in a public company, a significant part of the mass media. ... Tycoon Computer Games are computer games denominated with the suffix Tycoon. Examples are Railroad Tycoon, Transport Tycoon and Rollercoaster Tycoon. ... Captain of industry was a term originally used in the U.S. during the Industrial Revolution describing a business leader whose means of amassing a personal fortune contributes positively to the country in some way. ...


  Results from FactBites:
 
Britain.tv Wikipedia - Magnate (446 words)
Magnate, from the Late Latin magnas, a great man, itself from Latin magnus 'great', designates a noble or other man in a high social position, by birth, wealth or other qualities.
In the Middle Ages a bishop sometimes held territory as a magnate, collecting the revenue of the manors and the associated knights' fees.
Magnates (or higher nobility) vied for political power with the lesser and middle nobility (see Ruch egzekucyjny) and the Krol (Monarch).
Business magnate - Wikipedia, the free encyclopedia (375 words)
A business magnate, sometimes referred to as a mogul, tycoon, or industrialist is a person who controls a large portion of a particular industry and whose wealth derives primarily from said control.
Examples of well-known business magnates include newspaper magnate William Randolph Hearst of the Hearst Corporation, oil magnate John D. Rockefeller of Standard Oil and steel magnate Andrew Carnegie of US Steel.
Business oligarchs, for business magnates of Russia and Ukraine
  More results at FactBites »

 
 

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