Crossword Genius

Tycoon in mood, glumly rejecting every other one (5)

Ross

I believe the answer is:

mogul

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'tycoon' is the definition.
(both can mean a rich person)

I don't understand the rest of the clue.

Can you help me to learn more?

(Other definitions for mogul that I've seen before include "Very wealthy or powerful business person" , "Powerful man" , "Bashaw" , "Magnate; mound of hard snow on a ski slope" , "Tycoon -- ski slope mound" .)

I've seen this clue in The Irish Times.
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