Main Page | See live article | Alphabetical index

Business magnate

A business magnate is a person who controls a large portion of a particular industry and whose wealth derives primarily from said control. They can also be referred to as moguls or tycoons.

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.

See also: