Crossword Genius

Magnate from unknown firm in fashion (6)

Ross

I believe the answer is:

tycoon

'magnate' is the definition.
(I've seen this before)

'unknown firm in fashion' is the wordplay.
'unknown' becomes 'y' (algebra).
'firm' becomes 'co' (a firm is a company).
'in' means one lot of letters goes inside another.
'fashion' becomes 'ton' (I've seen this before**).
'y'+'co'='yco'
'yco' placed within 'ton' is 'TYCOON'.

'from' is the link.

(Other definitions for tycoon that I've seen before include "Not coy? (anag)" , "One very wealthy" , "Captain of industry" , "Entrepreneur" , "Rich businessperson" .)

I've seen this clue in The Independent.
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