What context can I use each word in?
Learn when and how to use these words with these examples!
industrialist
Example
The industrialist invested heavily in new machinery to increase production. [industrialist: noun]
Example
She became a successful industrialist after starting her own manufacturing company. [industrialist: adjective]
magnate
Example
The oil magnate was one of the richest people in the world. [magnate: noun]
Example
He was a real estate magnate who owned several properties around the city. [magnate: adjective]
Good things to know
Which word is more common?
Magnate is more commonly used than industrialist in everyday language. Magnate is a versatile word that can be used to describe successful people in any industry, while industrialist is more technical and academic in nature.
What’s the difference in the tone of formality between industrialist and magnate?
Both industrialist and magnate are formal words that are typically used in professional or business contexts. However, magnate may be seen as slightly more formal due to its association with wealth and power.
