An influential or successful person in business or industry.
Examples:
The media magnate bought another network yesterday.He rose from humble beginnings to become a tech magnate.The real estate magnate owns most of the city's skyline.
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Antonyms:
Magnet
/ˈmæɡnət/
An object that produces a force that can attract iron and other magnetic materials.
Examples:
The new boutique acts as a magnet for trendy shoppers.His charisma was a powerful magnet for the audience.The lighthouse became a magnet for tourists.
Synonyms:
Antonyms:
This word has no antonyms
Ways to tell them apart:
Magnate refers to a person and is spelled with an a which can remind you of a person.
Magnet refers to an object that attracts metal and is spelled with an e, like electric, hinting at physical properties.
Remember magnate like magnificent person — someone of great influence or wealth.
Think of magnet having properties related to physics and nature, which come under the category of objects.
Magnate involves power or industry, while magnet involves attraction and physical forces.