What context can I use each word in?
Learn when and how to use these words with these examples!
plutocrat
Example
The country's plutocrats have a lot of sway in government decisions. [plutocrats: noun]
Example
He became a plutocrat by investing in various industries and businesses. [plutocrat: noun]
magnate
Example
The tech magnate was able to revolutionize the industry with his innovative ideas. [magnate: noun]
Example
She became a real estate magnate by investing in properties and managing them successfully. [magnate: noun]
Good things to know
Which word is more common?
Magnate is more commonly used than plutocrat in everyday language. Magnate is versatile and covers a wide range of contexts, while plutocrat is less common and is typically used in political contexts.
What’s the difference in the tone of formality between plutocrat and magnate?
Both plutocrat and magnate are formal words, but plutocrat may be considered more formal due to its association with political power and influence.
