mogul (n.1) Look up mogul at
"powerful person," 1670s, from Great Mogul, Mongol emperor of India after the conquest of 1520s, from Persian and Arabic mughal, mughul, alteration of Mongol (q.v.), the Asiatic people.
mogul (n.2) Look up mogul at
"elevation on a ski slope," 1961, probably [Barnhart] from Scandinavian (compare dialectal Norwegian mugje, fem. muga, "a heap, a mound"), or [OED] from southern German dialect mugel in the same sense.