Tycoon (with news)

News:
Telegram founder and tycoon Pavel Durov was arrested at an airport near Paris after landing late Saturday. His arrest sparked demands for his legal rights to be respected, while Elon Musk criticized the move, arguing that free speech in Europe is under threat.

Tycoon:
 A tycoon is a wealthy and powerful person, especially in business or industry. They typically have significant influence and control over a large company or a substantial portion of an industry.