Business magnate
A
business magnate, sometimes referred to as a
mogul or a
tycoon, 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.
In
Russia and some other
post-Soviet countries, the term "
business oligarch" became popular.
The word
tycoon is derived from the
Japanese word , 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.
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.
The word
magnate itself derives from the
Latin word
magnates (plural of
magnas), meaning "great person" or "great nobleman."
* From the real world:
**
Roman Abramovich**
Silvio Berlusconi**
The Big Four:
Leland Stanford,
Collis Huntington,
Charles Crocker and
Mark Hopkins of the
First Transcontinental Railroad**
Conrad Black**
Warren Buffett**
Andrew Carnegie**
Joop van den Ende**
Ray Kroc**
Henry Morrison Flagler**
Bill Gates**
William Randolph Hearst **
James J. Hill**
Samuel Insull**
Andrew Mellon**
Lakshmi Mittal**
J.P. Morgan**
Rupert Murdoch**
Aristotle Onassis**
T. Boone Pickens**
Cecil Rhodes**
John D. Rockefeller**
Carlos Slim**
George Soros **
Ivan Stedeford**
Donald Trump* Fictional (stories):
**
A Corner in Wheat**
Montgomery Burns of
The Simpsons**
Caledon Hockley**
Charles Foster Kane**
Bruce Wayne (
Batman's true identity)
**
Henry Starling of
Star Trek: Voyager**
Roberto Rastapopoulos**
Artemis Fowl**
Gail Wynand* Articles
**
Local Baron (in
Romania)
**
Robber barons**
Business oligarchs, for business magnates of
Russia and
Ukraine**
Media proprietor**
Tycoon Computer Game* Lists
**
List of billionaires**
Sunday Times Rich List**
List of America's richest people* Categories
**
:Category:Important people in rail transport**
:Category:American railroad executives**
:Category:Shipping magnates**
:Category:Mass media owners**
:Category:Media executives**
:Category:Russian oligarchs**
:Category:Retailing magnates**
:Category:Advertising magnates**
:Category:Real estate magnates
