An "industrial magnate" is a term that is often attributed to the person who has made a fortune by owning and managing large industrial enterprises. While the word "magnate" typically suggests an individual with great power or influence in business, there are other synonyms that can also be used to describe such individuals. Examples of these synonyms include industrialist, tycoon, baron, captain of industry, mogul, titan, and business leader. Each of these terms is aimed at highlighting the individual's remarkable achievement in building significant business empires. These individuals are usually known for being astute, driven, and innovative in their approach to business, which has in turn helped them to grow and become successful.