Etymology:
The word "tycoon" originates from the Japanese word "taikun" (大君), which was used during the Edo period (1603-1868) to refer to the military leader who wielded real power in Japan, while the emperor held only ceremonial authority.
Definition:
A tycoon is a wealthy and powerful person who controls large-scale business enterprises or industries, often having a monopolistic or dominant position in the market.
Meaning:
Origin:
The word "tycoon" first appeared in English in the mid-19th century as a transliteration of the Japanese term taikun. It was originally used to refer specifically to the supreme military leaders of Japan, such as Tokugawa Ieyasu, who established the Tokugawa shogunate in 1603.
Over time, the meaning of "tycoon" evolved to apply to any powerful and wealthy individual who dominates an industry or sector. In the 20th and 21st centuries, the term has been used to describe business leaders such as Bill Gates, Warren Buffett, and Jeff Bezos, who have amassed enormous wealth and control over major corporations.
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