IPA: /taɪˈkuːn/
KK: /taɪˈkun/
A very rich and powerful person in business or industry who has a lot of influence.
The tech tycoon announced a new initiative to support startups.
Tycoon originates from the Japanese word 'taikun' (大君), meaning great lord or prince. It was adopted into English in the mid-19th century to refer to a wealthy and powerful businessperson.
Think of the Japanese word 'taikun' meaning great lord, which helps you remember that a tycoon is a powerful and wealthy person in business.