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Definition.com

The Masters of mankind (n.) are ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠those who design policy so that their own interests are tended to first, however grievous the damage to everyone else.

Definition.com

The Masters of mankind (n.) were ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠merchants and manufacturers in Adam Smith's day; now they are banks and multinational corporations.