magnifico vs important person

magnifico and important person both are nouns.

Word	Noun	Adjective	Verb	Adverb
magnifico	Yes	No	No	No
important person	Yes	No	No	No

As nouns, important person is a hypernym of magnifico; that is, important person is a word with a broader meaning than magnifico:

magnifico: a person of distinguished rank or appearance
important person: a person whose actions and opinions strongly influence the course of events

Other hypernyms of magnifico include influential person, personage.

magnifico (noun)	important person (noun)
a person of distinguished rank or appearance	a person whose actions and opinions strongly influence the course of events