ClimateJuly 14, 2026
magnate
/ˈmæɡ.neɪt/
Definition
A person of great influence, power, or wealth in a particular industry.
Etymology
Derived from the Latin word 'magnates', the plural of 'magnas' meaning 'great man.' It entered English in the 15th century to describe individuals of high rank or power, eventually expanding to include industrial leaders.
In the news
The article uses the term to describe J. Paul Getty's status as a dominant and incredibly wealthy leader within the oil industry. This context is vital because Newsom's personal business success is rooted in his family's long-standing connection to this specific oil fortune.
How Newsom’s complex history with the oil industry could affect a presidential run | Dan Walters
Read the full article ↗Santa Ynez Valley News