Magnates (7)

I believe the answer is:

tycoons

'magnates' is the definition.
('tycoon' can be a synonym of 'magnate')

This is all the clue.

(Other definitions for tycoons that I've seen before include "Business magnates" , "Very wealthy or powerful business people" , "Powerful businessmen" .)

I've seen this clue in the Universal, the Newsday.com, The Chronicle of Higher Education, the King Feature Syndicate, The Telegraph and the Thinks.com.

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