Fugger Banker

Jakob fugger of the lily german.

Fugger banker. At one point fugger family had an almost monopolistic hold on the european copper market. Jacob fugger was the embodiment of early capitalism. Jakob fugger von der lilie 6 march 1459 30 december 1525 also known as jakob fugger the rich or sometimes jakob ii was a major german merchant mining entrepreneur and banker he was a descendant of the fugger merchant family located in the free imperial city of augsburg where he was born and later also elevated through marriage to grand burgher of. He expanded fugger family s assets by spreading their operations across europe.

During the protestant reformation there was one german banker named jakob fugger 1459 1525 of augsburg who wielded significant influence during the 1500s that led to the fundamental transformation of christianity by the reform movement. Johann hinrich gossler 1738 90 of the berenberg gossler family. German merchant mining entrepreneur and banker. Augsburg modern day germany 1459 1525 66 years 400.

Is a german upper bourgeois family that was historically a prominent group of european bankers members of the fifteenth and sixteenth century mercantile patriciate of augsburg international mercantile bankers and venture capitalists alongside the welser family the fugger family controlled much of the european economy in the sixteenth century and accumulated. The most successful merchant communities developed reputations and identities as foreign commercial experts. Bindo altoviti famous patron of the arts papal banker and grandnephew of pope innocent viii. This fascinating biography of jacob fugger the great german merchant and banker of the late fifteenth and early sixteenth century is also an economic history of the golden age in german commercial history.

A late medieval banker from augsburg in southern germany fugger has never been as celebrated as cosimo de medici and his florentine sons and cousins whose reputation as bankers was burnished by their excellent taste in renaissance art. Born to a german merchant family he became a pioneering renaissance banker who would own 2 2 of. Jakob fugger von der lilie 6 maret 1459 30 desember 1525 juga dikenal sebagai jakob fugger si kaya atau kadang kadang jakob ii pedagang jerman pengusaha pertambangan dan banker dia adalah keturunan dari keluarga pedagang fugger yang berada di kota kekaisaran bebas dari augsburg di mana ia juga lahir dan kemudian juga diangkat melalui pernikahan. Fugger amassed a great fortune as a merchant who began to engage in credit and banking.

The file cabinet in the background shows the european cities where the fugger bank conducted business. Jakob fugger of the fugger family. Jacob fugger became the richest man in history by laying the foundation for modern capitalism. Foreignness was a commercial.

Philippine welser a member of the patrician welser banking family and the wife of ferdinand ii archduke of austria. The fugger family capitalized on family partnerships which led to joint stock.