What context can I use each word in?
Learn when and how to use these words with these examples!
businessmen
Example
The businessmen gathered at the conference to discuss new strategies for growth. [businessmen: plural noun]
Example
He is a successful businessman who owns several companies. [businessman: singular noun]
magnate
Example
The oil magnate is one of the richest people in the world. [magnate: noun]
Example
She became a media magnate after building a successful media empire. [magnate: noun]
Good things to know
Which word is more common?
Businessmen is a more commonly used term in everyday language, as it is a general and neutral term that can be applied to individuals at different levels of recognition. On the other hand, magnate is less common and is typically used to describe well-known and prominent figures in the business world.
What’s the difference in the tone of formality between businessmen and magnate?
While businessmen is generally considered a neutral and informal term, magnate is more formal and carries a sense of prestige and power. Magnate is often used in more formal contexts to emphasize the significant wealth, influence, and success of an individual in the business world.