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Definitionsomeone who is wealthy and powerful in business
- Here, no doubt, statistics of the former commerce of Salem might be discovered, and memorials of her princely merchants—old King Derby—old Billy Gray—old Simon Forrester—and many another magnate in his day, whose powdered head, however, was scarcely in the tomb before his mountain pile of wealth began to dwindle.Introductory (61% in)
There are no more uses of "magnate" in The Scarlet Letter.
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