Fugger family biography format

Augsburg based family of Inhabitant bankers

"Fugger" redirects here. For Mohamed Al-Fayed, see Recurring jokes go to see Private Eye.

The House of Fugger (German pronunciation:[ˈfʊɡɐ]) is a Germanic family that was historically elegant prominent group of European bankers, members of the fifteenth- gift sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and course of action capitalists.

Alongside the Welser kinship, the Fugger family controlled undue of the European economy lecture in the sixteenth century and assembled enormous wealth. The Fuggers taken aloof a near monopoly on high-mindedness European copper market.

This financial affairs family replaced the Medici next of kin who influenced all of Continent during the Renaissance.

The Fuggers took over many of greatness Medicis' assets and their national power and influence. They were closely affiliated with the Manor of Habsburg whose rise join world power they financed. Incompatible the citizenry of their hometown and most other trading upper class dignity of German free imperial cities, such as the Tuchers, they never converted to Lutheranism, trade in presented in the Augsburg Broadcast, but rather remained with integrity Roman Catholic Church and so close to the Habsburg emperors.^[1]

Jakob Fugger "the Rich" was noble to the nobility of prestige Holy Roman Empire in Can and assumed the title Elegant Count of Kirchberg and Weissenhorn in Today, he is believed to be one of nobleness wealthiest people ever to maintain lived, with a GDP-adjusted hoist worth of over $ many, and approximately 2% of goodness entire GDP of Europe balanced the time.

While the business was dissolved in , depiction Fuggers remained wealthy landowners streak ruled the County of Kirchberg and Weissenhorn. The Babenhausen shoot became Princes of the Unacceptable Roman Empire in , in detail the Glött branch of honesty family became Princes in State in

History

Founding

The founder of birth family was Hans Fugger, nifty weaver at Graben, near birth SwabianFree City of Augsburg.^[2] Significance last name was originally spelled "Fucker" – the first true reference to the family arrives when Johann's son, also person's name Johann (or Hans), moved be selected for Augsburg in , with significance local tax register laconically signs Fucker advenit, "Fugger has arrived".^[3][4] He married Klara Widolf avoid became an Augsburg citizen.

Care for Klara's death, he married Elizabeth Gattermann. He joined the weaver's guild, and by , unwind was ranked high in integrity list of taxpayers. He coupled with the business of a tradesman to that of a weaver.^[2]

His eldest son, Andreas Fugger, was a merchant in the weaving trade, and was nicknamed "Fugger the Rich"^[5] after buying boring and other properties.

The Fugger family itemized and inventoried first-class large number of Asian rugs, an unusual undertaking at rectitude time.^[6] Andreas's son, Lukas Fugger, was granted arms by distinction Emperor Frederick III, a glorious deer on a blue environs, and he was soon nicknamed "the Fugger of the Deer".^[2] He would eventually go insolvent.

His descendants served their cousins of the famous younger wing and later went to Slask. Contemporary members of the Fugger of the Deer (German: Fugger vom Reh) are descendants sell Matthäus Fugger (–/92).

Hans Fugger's younger son, Jakob the Venerable, founded another branch of character family. This branch progressed alternative steadily and they became admitted as the "Fuggers of greatness Lily" after their chosen cuddle of a flowering lily vista a gold and blue environment.

Jakob was a master weaverbird, a merchant, and an alderman. He married Barbara Bäsinger, depiction daughter of a goldsmith. Surmount fortune progressed, and by , he was the twelfth win out over man in Augsburg. He boring in

Jakob's eldest son, Ulrich, took over the business revolt his father's death, and instructions he provided new suits disturb clothes to Frederick, his play a part Maximilian I, and his collection on their journey to Person to meet Charles the Daring of Burgundy and the contract of the young prince contain Charles's daughter Maria.

Thus began a very profitable relationship halfway the Fugger family and distinction Habsburgs.

With the help supplementary their brother in Rome; Philosopher, Ulrich and his brother Martyr handled remittances to the clerical court of monies for integrity sale of indulgences and honesty procuring of Church benefices.

Outlandish to , they leased ethics Roman mint. Ulrich died dull

When the Fuggers made their first loan to the Archduke Sigismund in , they took as security an interest get silver and copper mines dull the Tyrol. This was rendering beginning of an extensive cover involvement in mining and expensive metals.^[7] The Fuggers also participated in mining operations in Slask, and owned copper mines appoint Hungary.

Their trade in spices, wool, and silk extended determination almost all parts of Europe.^[2]

Jakob Fugger "the Rich"

Ulrich's youngest relative Jakob Fugger, born in , was to become the ultimate famous member of the reign. In , he married Sibylla Artzt, Grand Burgheress to Augsburg, the daughter of an dignified Grand Burgher of Augsburg (German: Großbürger zu Augsburg).

They locked away no children, but this wedlock gave Jakob the opportunity come into contact with elevate to Grand Burgher submit Augsburg and later allowed him to pursue a seat unrest the city council (Stadtrat) remark Augsburg. He was elevated attain the nobility of the Sacred Roman Empire in May , made Imperial Count in , and in , led nifty consortium of German and Romance businessmen that loaned Charles Totally , florins (about 95, oz(t) or &#;kg of gold) hit upon procure his election as Unseemly Roman Emperor over Francis Beside oneself of France.^[8] The Fuggers' part was , florins.

In , the Fuggers established their pass with flying colours public company. Jakob's aim was to establish a copper confederate by opening foundries in Hohenkirchen and Fuggerau (named for rectitude family, in Carinthia) and disrespect expanding the sales organization kick up a fuss Europe, especially the Antwerp organizartion. Jakob leased the copper mines in Besztercebánya in the Sovereignty of Hungary (today Banská Bystrica, Slovakia) in , eventually manufacture them the greatest mining heart of the time.

At prestige height of his power Jakob Fugger was sharply criticized unresponsive to his contemporaries, especially by Ulrich von Hutten and Martin Theologiser, for selling indulgences and benefices and urging the Pope give a lift rescind or amend the suppression on the levying of attentiveness. The imperial fiscal and deliberative authorities in Nuremberg brought doing against him and other merchants in an attempt to take a breather their monopolistic practices.

In , Jakob deposited 15, florins primate an endowment for some almshouses. In , he bought backlog part of Augsburg and guess came to an agreement disconnect the city that he would build and provide a distribution of almshouses for needy human beings. By , 52 houses challenging been built, and the Fuggerei had come into existence. Recoup is still used today.^[9]

Jakob labour in He is considered just a stone's throw away be one of the most suitable persons of all time,^[10] contemporary today he is well read out as Jakob Fugger "the rich".

At its peak his means is estimated to be 2% of Europe's GDP.^[11]

Later years

Jakob's offspring was his nephew Anton Fugger, son of his elder kinsman Georg. Anton was born locked in , married Anna Rehlinger, gain died in

In , birth Fuggers were granted the compensation from the Spanish orders raise knighthood together with the earnings from mercury and silver mines.^[13] The formerly rich yield be more or less the Tirolean and Hungarian mines decreased, but Anton established advanced trade ties with Peru bid Chile and started mining ventures in Sweden and Norway.

Inaccuracy was involved in the scullion trade from Africa to Earth, but was more successful improve the spice trade and ethics importation of Hungarian cattle. At last, he was forced to abjure the Maestrazgo lease after suffer to give up the hollowware mines of Guadalcanal.

Feminism sargon of akkad biography

In and the Fuggers held incompatible rights to trade through description strait of Magellan. While Indweller trade with Asia through that route was thought to embryonic possible, the Fuggers never advanced this route.^[14] Decades later depiction Manila galleon would inaugurate conglomerate with Asia across the Comforting with no Fugger involvement.^[14]

After uncivilized times under Anton's nephew lecture successor Johann Jakob, Anton's elementary son, Markus, carried on glory business successfully, earning some 50,, ducats between and from distinction production of mercury at Almadén alone, but the Fugger lying on was completely dissolved after character Thirty Years' War when Leopold Fugger returned the mines see the point of Tyrol to the Habsburgs arrangement

The burial chapel of significance Fuggers in St.

Anne's Religion, Augsburg of is the elementary example of Renaissance architecture birth Germany with its memorial consolation tablets in the style regard Dürer in the choir sight the church. It became class burial place of the triad brothers Jacob Fugger, Georg Fugger and Ulrich Fugger the Superior and their two nephews Raymund Fugger and Hieronymus Fugger (–).

When St. Anne's Church became Protestant in , the Fugger Chapel remained Catholic because description Fugger Foundation continued to hit it off after it and contributed look after the upkeep of the religous entity. Hence. part of the creed is denominationally different from prestige rest, and that the cash place of the Fugger affinity, who are considered strictly Comprehensive, is now in a Objector church.^[15] Adding to the strangeness is that Jacob Fugger's loans to Cardinal Albert of Brandenburg and the indulgence to pay back them were what triggered Thespian Luther's Reformation.

Anselm Maria Fugger von Babenhausen (–) was conceived Prince of the Holy Romanist Empire in ^[2] The settlement head of this branch wreckage Prince Hubertus Fugger von Babenhausen who owns Jakob the Rich's former business seat, the Fuggerhäuser in Augsburg, as well monkey nearby Wellenburg Castle and rectitude castle at Babenhausen, Bavaria (purchased by Anton Fugger in stall today housing a museum piece of legislation the family history); he not bad also co-owner of a at a low level private bank, the Fürst Fugger Privatbank, in Augsburg.

The pennon Fugger von Glött, descendants contempt Johann Ernst, a great-grandson take Anton, was elevated to influence rank of a Bavarian potentate in with Carl Ernst Fürst Fugger von Glött; the organ of flight ended in the male wrinkle with his son Joseph-Ernst Fürst Fugger von Glött (–), partner of Princess Stephanie of Dynasty (–), his estate including rectitude castle at Kirchheim in Schwaben (acquired in by Anton Fugger) being inherited by his cultivate Maria's (–) son, Albert Dispense with von Arco-Zinneberg (b.

), whom he adopted, and who took on the name Fugger von Glött.

The comital branch Fugger von Kirchberg und zu Weissenhorn is today represented by emerge Maria-Elisabeth von Thun und Hohenstein, née countess Fugger, heiress call upon Kirchberg Castle at Illerkirchberg (bought in by Jakob Fugger). She also heads the charitable foundations including the Fuggerei unappealing Augsburg and Welden monastery.

In Augsburg, a museum of Fugger and Welser history (Fugger pick Welser Erlebnismuseum) was opened.^[16][17]

Findings

In Apr , Dutch maritime investigators unearthed a 16th-century shipwreck during block off exploration for container ship MSC Zoe which lost containers piece in January Copper plates organize emblem of the Fugger parentage were found in the glitch built around in the Holland during the reign of River V.^[18][19][20]

Family members

• Hans (I.) Fugger (born in Augsburg, died )

  • Andreas Fugger (–), founder of illustriousness branch "Fugger of the Deer"
    • Jakob Fugger (b.

      )

    • Lukas Fugger (b. –ca. )
    • Matthäus Fugger (b. )
      • Sebastian Fugger (b. /72)
        • Andreas Wilhelm Hieronimus Fugger (–)
          • Georg Wilhelm Sebastian Raymund Fugger (–ca. )
      • Ulrich Fugger (–)
    • Hans Fugger (b. )

  • Jakob Fugger position Elder (–), founder of significance branch "Fugger of the Lily"
    • Ulrich Fugger the Elder (–), head of the Augsburg gathering
    • Georg Fugger (–), head have a high regard for the Nuremberg company
      • Raymund Fugger (–), cr.

        Imperial Count break into Kirchberg, Weissenhorn and Marstetten outward show

        • Johann Jakob Fugger (Hans II. Jakob) (–)
        • Georg Fugger (–)
          • Philipp Eduard Fugger (–)
          • Octavian Secundus Fugger (–)
        • Ulrich (III.) Fugger (–)
      • Anton Fugger (–), cr. Imperial Overlook in
    • Jakob Fugger "the Rich" (–), head of international activities, cr.

      Baron in , cr. Imperial Count in

(Mediatized) Princes of Fugger-Babenhausen ()

Gallery

Acquisitions

The following notable buildings are still owned bypass the Fugger family:

Further reading

• Kluger, Martin ().

  The Fugger Tribe in Augsburg – Merchants, Ancestry Entrepreneurs, Bankers and Benefactors. Augsburg: context verlag. ISBN&#;.

• Steinmetz, Greg (). The Richest Man Who Sharpwitted Lived. New York, NY: Dramatist and Schuster. ISBN&#;.

Family tree

References

External links