Concept in Definition ABC

From the point of view of social organization there has always been a hierarchical order. Even in communist countries where social differences do not theoretically exist, there is a group of individuals (the leadership of the communist party) who have a privileged situation. As a general guideline, the hierarchical structure in today's society is directly related to money. Thus, the individual who has a great fortune as a result of his activity business or financial He's a tycoon and he's on the cusp of the scale Social. It is worth remembering that the word magnate comes from the Latin magnus, which means great.

The tycoon in the collective imagination

When we hear the word tycoon we all have an idea in our mind. He is dealing with someone who is rich in an exaggerated way. His life is surrounded by luxuries (large mansions in exclusive places, yachts, private planes, bodyguards, etc).

In the collective imagination, the tycoon is seen as someone from another planet. Some of them are characterized by their eccentricities, but sometimes they dedicate themselves to philanthropy financing all kinds of humanitarian projects. In any case, his economic power makes him influential in society as a whole.

From a psychological point of view, the potentate or tycoon generates feelings opposites: envy or admiration.

The origin of great fortunes

Some publications make lists of the great fortunes of the planet. Normally the origin of his wealth comes from oil, the naval or steel industry, the technological giants, multinational companies, the world of the finance or the big franchises.

Associated concepts

All the tycoons are under the umbrella of the capitalist system and behind each one of them there is a unique story. When we become familiar with his personal journey, we find a whole series of concepts that are periodically repeated, such as sleep. American dream, self-made man, financial bubble, Wall Street shark, junk bond, distressed assets, etc.

On the big screen

The figure of the tycoon owes a lot to the big screen. In the film "Citizen Kane "tells the story of a billionaire from the media industry of communication, William Randolph Hearst. "The Wolf of Wall Street" recounts the rise and fall of a New York stockbroker. In "The Last Tycoon," a movie based on the last novel Scott Fitzgerald's plot takes place in the 1930s during Hollywood's heyday.

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