General Usage:
* The real estate magnate built a luxury skyscraper in the heart of the city.
* The media magnate owned multiple newspapers and television stations.
* After years of hard work, she became a business magnate in the tech industry.
Figurative Usage:
* The teacher's words acted as a magnet for the students' attention.
* The new product's innovative design was a magnate for customers.
* The company's generous benefits package was a magnate for talented employees.
Remember, "magnate" usually refers to a powerful and wealthy person in a specific industry.