Magnates

Magnates are wealthy and powerful individuals who hold significant influence in a specific industry, sector, or society at large. They typically amass their wealth through business ventures, investments, or control of resources, enabling them to shape economic and sometimes political landscapes. Their impact can drive innovation and economic growth, but it also raises concerns about their influence on competition and governance. Essentially, magnates are key figures who leverage their resources to wield considerable authority within their spheres of interest.