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Industrialist

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An industrialist is a person who operates or controls a substantial industrial business over a period of time, usually amassing substantial fortunes or political power in the process, and who tends to become widely known within society in connection with their industry, or through other pursuits such as philanthropy.

As the term was more widely used in the context of "old world" industries such steel, oil, newspapers, shipping and rail transport, it has largely been superseded by more modern terms encompassing a wider range of business and commercial activity, such as business magnate and tycoon.

Although an industrialist often invests his or her own capital in an enterprise and therefore retains some degree of ownership, the industrialist will often claim to be more than a capitalist as he or she is also providing employment for many over a prolonged period of time.

Famous industrialists

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