0 a person who is very rich and successful in business or industry: --
a well-known shipping magnate
1 a person who is very successful, powerful, and rich, esp. in a particular business: --
2 someone who has become very rich and successful in business or industry, especially someone who owns a large organization that they started themselves: --
Generally, the maritime settlements should be regarded as seasonal settlements forming the basis for administered trade, and in some places this occurred in connection with gathering places for local magnates.
Clearly, then, the expectation was that the newly ennobled who lacked magnate status at the time of their elevation would correct that deficiency within a generation or two.
Before 1770, the likelihood was that if their families survived for long the scions of these more modestly endowed recruits would enter the magnate group within a few generations.
It is hardly surprising that the bulk of ' new ' peers were landed magnates as well as members of the parliamentary elite, for the two groups largely coincided.
The degree of control over subsistence production enjoyed by the sultan and his provincial magnates extended to the collection of services and dues reminiscent of feudal relations.
Each magnate had his own domain of schools, students, followers, and charities.
As a result, to a very large extent, propertied elites, merchants and industrialists and local magnates created their own private arrangements for protection and policing.
Throughout our period the crown consistently elevated men to the peerage who were not magnates.