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What are magnates?

What are magnates? Here are some definitions.

Noun
  1. plural of magnate
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The extravagant mansions built on the island of Syros reflect the wealth of these early magnates.
Experience also shows that our present rulers and corporate magnates will not yield without a fight.
Film stars and directors, business magnates and corporate houses are now keen to acquire timeworn artifacts.
He had to consult the nobles, the magnates of the Church, and, in time, representatives from the towns who could make commitments of money.
Aware of the power of the press, many political parties have even nominated media magnates as members of parliament.
The most ardent backers of the opposition were the business magnates and the armed forces.

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