Business magnate

A business magnate, sometimes referred to as a mogul or a tycoon, is a person who controls a large portion of a particular industry and whose wealth derives primarily from said control.

Etymology

The word tycoon is derived from the Japanese word taikun, a word of Chinese origin. The literal meaning is "great lord" and was historically used to imply to foreigners visiting Japan that the Shogun was supreme ruler of the country. The word entered the English Language in the 19th Century with the return of Commodore Perry to the United States. US President Abraham Lincoln was humorously refered to as Taikun by the members of his cabinet, whereby the term spread to the business community where its spelling and definition were adapted into the common English Language word seen today.

Related Topics:
Japanese - Taikun - Chinese - Shogun - English Language - Commodore Perry - United States - US President - Abraham Lincoln - Humorously - Cabinet

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The word mogul originally meant Mongol, or person of Mongolian descent. In this context, it refers to the Mughal Empire (mughal is the Indo-Aryan spelling of mogul) of India that existed between 1526-1857. The early emperors of Mughal claimed themselves descendants of Mongol ruler Genghis Khan and adopted a Mongolian identity. The modern meaning of the word is supposedly derived from the excessive riches of the Mughal emperors, which for example produced the Taj Mahal.

Related Topics:
Mongol - Mughal Empire - India - 1526 - 1857 - Genghis Khan - Taj Mahal

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