Fugger Banking Family

Coat of arms of the fugger of the lily family granted in 1473 jakob fugger was born the tenth of eleven children to jakob fugger the elder 1398 1469 and his wife barbara bäsinger 1419 1497 daughter of münzmeister franz bäsinge.

Fugger banking family.

The fuggers were a family of german bankers and venture capitalists who replaced the de medici family as the most powerful and influential european banking dynasty. This was the beginning of an extensive family involvement in mining and precious metals. The fuggerei is the best known of the fugger family s philanthropic projects. The fugger family may be considered a prototype of the trading company of the early capitalistic era.

Its earliest origins remain obscure. In the course of the 16th century other foundations were added. The foundation deed of 1521 established the fuggerei together with the fugger chapel in st. Anna and the sermon endowment in st.

ˈfʊɡɐ 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. The fugger family had already established themselves as successful merchants in the city. The family was founded by hans fugger a weaver who became a citizen of ausburg in the mid 1300s. Another 219 words 16 lines of text covering the years 1348 1368 1469 1459 1525 1519 1398 1469 1453 1506 1459 1525 1493 1560 1553 1567 and 1626 are included under the topic early fugger history in all our pdf extended history products and printed products wherever possible.

Early history of the fugger family. The fuggers a german banking dynasty make their first loan to the archduke of habsburg taking as security an interest in silver and copper mines in the tirol. The fugger family was a commercial patrician and aristocratic dynasty in southern germany. Fugger family german mercantile and banking dynasty that dominated european business during the 15th and 16th centuries developed capitalistic economic concepts and influenced continental politics.

ˈfʊɡɐ 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.