A business magnate refers to a very wealthy and influential person in the business world. They have achieved great success, often through their own efforts, and have significant control over their businesses and industries. Full definition
American business magnate Warren Buffett notes, «The closer that America comes to fully employing the talents of all its citizens, the greater its output of goods and services will be.» (blog.simplyhired.com)
By contrast, it was amateur hour for business magnate Donald Trump and former Hewlett Packard CEO Carly Fiorina, who opined about their ratings, or made vague remarks about the perils of having a «political class,» respectively, but otherwise faded from view. (inc.com)
Years later, MidAmerican Energy — a subsidiary of an energy holding company majority controlled by Berkshire Hathaway Inc., the conglomerate run by business magnate Warren Buffett, whose name connotes value investing — has put more than $ 15 billion into renewable energy projects, largely without loan guarantees. (scientificamerican.com)