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tycoon (noun) wealthy and powerful businessman; industrialist.
A tycoon is a person who is successful in business or industry and has become rich and powerful. All world’s great industrialists and businesspersons who have a lot of power and influence because of their success and wealth are tycoons.
- Most often, even in democracies, elected representatives do not shape the policies of the country. The tycoons in the country, by means of their power as successful businesspersons and industrialists, influence the decisions of the government.
- A number of hospitals, universities, and research centers in the US owe their existence to the generosity of business tycoons. These wealthy and powerful businesspersons and industrialists contribute huge funds for the establishments of these institutions.