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What is the definition of a business magnate?

Anonymous

∙ 12y ago

Updated: 9/23/2023

A business magnate is a term used to describe a very powerful businessman, particularly with concentrated power in one industry. Other terms for a person in this position are tycoon, czar, or even baron and the biggest industry these magnates exist in is oil.

Wiki User

∙ 12y ago

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