Magnaldehydes B and E along with their 4′‐methylated derivatives are naturally occurring 2,4′‐biphenols that have been isolated from the Magnoliaceae. Herein, these natural products have been synthesized from a common intermediate, which was obtained by a microwave‐promoted, heterogeneously catalyzed, and protecting‐group‐free Suzuki–Miyaura coupling reaction in an aqueous medium. These reaction conditions were also successfully applied to a one‐step synthesis of the slime mold metabolite dictyobiphenyl B.