What is Tycoon?
Tycoon, also known as a business tycoon or magnate, is an extremely rich and powerful person whose fortune comes mainly from one particular industry. This may include anything from oil to real estate to boat, with remarkable examples are Aristotelis Socratis Onassis, Transport Magnate and Henry Ford, automotive. Magnate usually becomes well known in economic and social circles, and many of them are engaged in charity efforts. They often become the name of the household.
The word tycoon comes from the Japanese word taikun , which means "a big gentleman". The word has been used since the mid -19th century, first funnyly refers to powerful members of the company and finally identify rich traders. In Russia, the tycoon is known as the "business oligarch", a term that refers to the rich who have a significant impact on political and real estate. When the Russian edition Forbes publishes its annual list of the richest people of the year, you have a special remark that indicates,which names on the list get their wealth "and at the same time hold a government position."
Very rich often become known for their eccentricites. Because the money ceases to be an object, it is easier to access the luxury that others dream of. Roman Abramovich, a Russian oil tycoon, has the most expensive collection of luxury yachts, including the largest private yacht ever built since 2007. The money will be used to create a field of radio binoculars to search for extraterrestrial life.
Most names in the list of the richest people in the world are magnates. These include Bill Gates and Paul Allen (Microsoft), Ingvar Kamprad (IKEA), Liliane Bettencourt (L'Oreal), Walon (Wal-Mart), Stefan Person (H&M). While some of these people also own a different companyThose, most of their business are carried out in one particular industry, be it computers or cosmetics. Oprah, who has created happiness in fun, can also be considered a tycoon. While film stars and celebrities produce millions for their films, Oprah has created its own company, Harpo Studios, and is a leader in all things related to television and entertainment.