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A robber baron or robber knight (German Raubritter) was an unscrupulous feudal landowner who resorted to banditry while protected by his fief's legal status. Medieval robber barons robbed merchants, land travelers, and river traffic. They might rob cargoes, steal entire ships, or kidnap for ransom.
Confidence votes 158. He is both depending how you look at it. He is a robber baron in the sense that he made a lot of money, created a monopoly, bought all the steel companies, and bought all the iron companies and paid his workers very little.