industrialist vs man of affairs

industrialist and man of affairs both are nouns.

Word	Noun	Adjective	Verb	Adverb
industrialist	Yes	No	No	No
man of affairs	Yes	No	No	No

As nouns, man of affairs is a hypernym of industrialist; that is, man of affairs is a word with a broader meaning than industrialist:

industrialist: someone who manages or has significant financial interest in an industrial enterprise
man of affairs: a person engaged in commercial or industrial business (especially an owner or executive)

Other hypernyms of industrialist include businessman.

industrialist (noun)	man of affairs (noun)
someone who manages or has significant financial interest in an industrial enterprise	a person engaged in commercial or industrial business (especially an owner or executive)