A business magnate, sometimes referred to as a mogul, tycoon, baron, oligarch, or industrialist, is a partially informal term used to refer to 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 su...
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A business magnate, sometimes referred to as a mogul, tycoon, baron, oligarch, or industrialist, is a partially informal term used to refer to 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. The terms "mogul", "tycoon" and "baron" were often attributed to late 19th and early 20th century North American business magnates in extractive industries such as mining, logging and petroleum, transportation fields such as shipping and railroads, and manufacturing: this includes steelmaking, banking, and newspaper publishing. This era was known as the Second Industrial Revolution or the Gilded Age.
Examples of well-known business magnates include Sir Richard Branson of Virgin Group, utility and transportation magnate...
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