Wealth Inequality Terms

1 words in this vocabulary list

noun a wealthy business owner or industrialist who gained their wealth through exploitation and unethical business practices

  • The term 'robber baron' refers to a business magnate in the late 19th century known for their ruthless tactics and monopolistic practices.
  • Back in the day, the robber barons were the big shot businessmen who made a ton of money by any means necessary.
  • Those robber barons were straight up greedy and didn't care who they stepped on to get ahead.
  • In the world of finance, some may see hedge fund managers as modern-day robber barons, wielding immense power and influence.