An industrialist refers to a person who owns or manages large and influential businesses in industries such as manufacturing, mining, or transportation. They are often seen as leaders in their respective fields.
Related terms
Robber Baron: A term used to describe certain industrialists during the Gilded Age who were believed to have gained wealth through unethical practices.
Philanthropy: The act of using one's wealth to benefit society by donating money for charitable causes.
Trusts: Large combinations of businesses that were created by industrialists, allowing them to monopolize markets and control prices.