This is the 3901st most frequent Russian word.
владелец
Owner.
In this sentence, 'владелец' refers to someone who officially owns a business or shop.
Владелец магазина решил уволить всех работников.
The owner of the store decided to fire all employees.
Here, 'владелец' is used to denote someone who possesses property, specifically a vehicle.
Каждый владелец автомобиля обязан уплатить налог.
Every car-owner is obligated to pay the tax.
In this case, 'владелец' metaphorically refers to someone who originated or possesses an abstract concept like an idea.