Oligarch: meaning, definitions and examples

Commonly used to describe a very wealthy and powerful person who has a significant influence on political and economic matters, often in countries with less transparent or emerging economies.

• The Russian oligarch wielded considerable power within the government.
• Critics claim the country is controlled by a small group of oligarchs.

Used to describe someone who is very successful in business and is often a self-made individual, evoking a sense of admiration. It is generally neutral to positive.

• The tech tycoon revolutionized the industry with his innovative products.
• After years of hard work, she finally became a retail tycoon.

Refers to a person who is very successful and influential in a particular industry, usually used in a positive or neutral manner.

• He became a real estate magnate at a very young age.
• The shipping magnate turned his small company into a global powerhouse.

Typically used historically or in a metaphorical sense to identify a powerful individual in a specific industry, often nobility or someone with hereditary power. It can sometimes carry a negative connotation, implying exploitation or monopolistic practices.

• The media baron acquired another newspaper.
• During the 19th century, the railroad barons were incredibly influential.

This term is often used to describe very wealthy business individuals who have significant political influence. It often carries a negative connotation, implying corruption or unethical power.

• The media reported that the oligarch had close ties with the government.
• After the collapse of the Soviet Union, many oligarchs emerged with vast fortunes.

This phrase is used to describe a successful and influential person in the business world. It typically does not carry a negative connotation and focuses more on the individual's achievements.

• The business magnate invested heavily in tech startups.
• As a business magnate, she has built an empire from scratch.

This word is often used to refer to leaders in the industrial sector, especially those who own or manage large manufacturing enterprises. It usually does not have a negative connotation.

• Henry Ford is a well-known industrialist who revolutionized the automobile industry.
• The industrialist was known for his innovative approach to manufacturing.