jakob fugger descendants

With the Fugger foundations, the three brothers created something that has … Read more: http://www.answers.com/topic/fugger-family#ixzz1GG1wBGyO. The founder of the family was Johann Fugger, a weaver at Graben, near the Swabian Free City of Augsburg. This marriage opened the opportunity for Jakob to elevate to Grand Burgher of Augsburg (German Großbürger zu Augsburg) and later finally giving Jakob Fugger the long-awaited aspiration of a seat on the city council (German Stadtrat) of Augsburg. Maintaining inherited wealth has worked for generations of Frescobaldis over 700 years, and it has let the descendants of Jakob Fugger in Germany continue … Head of the house: Prince Hubertus Fugger-Babenhausen Successor: Hereditary Count Alexander Fugger-Babenhausen. He was elevated to the nobility of the Holy Roman Empire in May 1511, and in 1519, led a consortium of German and Italian businessmen that loaned Charles V 850,000 florins (about 95,625 oz(t) of gold) to procure his election as Holy Roman Emperor over Francis I of France. The new chief, an ambitious and talented businessman, guided the company with a firm hand. In the mid-16th century, tradesmen working for the Fugger mercantile and banking empire and commissioned by the Augsburg patrician and book lover Johann Jakob Fugger were busy acquiring new treasures, from sources near and far, for Fugger’s huge collection of books. The Fugger von der Lilie lineage produced many individuals who are notably associated with the Fugger name to this day. The Richest Man Who Ever Lived: The Life and Times of Jacob Fugger by Greg Steinmetz 831 ratings, 3.95 average rating, 101 reviews Open Preview See a Problem? His influence in royal circles continued to alter the continent's history for decades after his death. Without abandoning their traditional trade in textiles and other commodities, the Fuggers now used political connections to enter the most speculative and profitable enterprises of the age. His youngest son Jakob (1542-1598) became the progenitor of the Fugger-Babenhausen lineage. When that proved impossible, he stubbornly tried to carry on, although he could satisfy the demand for credit only by increased borrowing. He joined the weaver's guild, a… The wealth they attained through their mining industry allowed them to be patrons of the arts, donors and founders. Although Andreas, the more enterprising of the two, and his descendants quickly attained great wealth, they went bankrupt in 1499, as a result of an overextension of business activity and the loss of a lawsuit. He married Klara Widolf and became an Augsburg citizen. He established lasting business connections with the Habsburg dynasty by supplying credit to the profligate Sigismund (1427–1496), archduke of Tyrol. In 1527 he married Anna Rehlinger, a patrician’s daughter who bore him four sons. 1512 The new company “Jakob Fugger & Brothers’ Sons” is foun-ded. Photo courtesy of Sharon Whitley Larsen. The family successfully expanded the volume and range of their business and allied their interests with those of well-placed merchant and patrician families. The Fuggers’ accumulated profits provided capital for moneylending and banking, which they conducted with the aid of business techniques borrowed from the more advanced Italians. Around 1545 Johann Jakob Fugger (1516–75) commissioned this manuscript detailing the genealogy of his family up to his time. An inventory taken after his death in 1560 showed assets of 5,600,000 and liabilities of 5,400,000 guilders (2,900,000 in Spain alone). It was also under the leadership of Jakob the Rich that the Fuggers assumed the position of social elites. Jakob Fugger was born into the established Fugger merchant family of Augsburg, on March 6, 1459, as the tenth of eleven siblings of Jakob Fugger the Elder and Barbara Basinger. Born on 19 Jan 1606 to Johann der Ältere Fugger and Pss von Hohenzollern-Sig. Most of Anton’s time was taken up with the securing of permanent loans for the emperors Charles V and Ferdinand I and for King Philip II of Spain. Navigate parenthood with the help of the Raising Curious Learners podcast. Most spectacularly the Fuggers managed financial transfers for the sale of indulgences that financed the construction of St. Peter's Basilica in Rome and, incidentally, unleashed the reforming spirit of Martin Luther (1483–1546). The last name was originally spelled "Fucker" - the first recorded reference to the family comes when Johann's son, also named Johann (or Hans), moves to Augsburg in 1367, with the local taxregister laconically noting Fucker advenit, "Fugger has arrived". The quest for wealth has been as old as humanity itself as mankind’s search for wealth spans through generations of millions of years. The Fugger combine was completely dissolved after the Thirty Years’ War of 1618 to 1648, a struggle for the European balance of power between the Austrian Hapsburgs and the German princes. Many of Jakob and Anton Fugger’s descendants, however, had not been involved in the business. Fugger (German pronunciation: [ˈfʊɡɐ]) is a German family that was a historically prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and venture capitalists. After the personal bankruptcy of his nephew Hans Jakob Fugger, who had become a partner in 1543 and who eventually became Bavarian chancellor, Anton’s oldest son, Markus, carried on the business successfully, if on a reduced scale. Christoph Fugger, comte Fugger von Glött 1566-1615 Katharina Fugger 1532-1585 Married 9 February 1553 (Monday) to Jakob von Montfort , comte de Pfannberg †1572 with : Georg III von Montfort , comte de Pfannberg †1590 National resentments in Spain forced him to renounce the Maestrazgo lease after 1542 and to give up the silver mines of Guadalcanal. During the period 1563–1641 the company, which was not completely dissolved until after the Thirty Years’ War, earned some 50,000,000 ducats from the production of mercury at Almadén alone. Genealogy profile for Johann Jakob Freiherr Fugger von Kirchberg und Weissenhorn. The family business traces its origins to Hans Fugger (1348–1409), a weaver in Augsburg.Under his grandsons Ulrich (1441–1510), Georg (1453–1506), and especially Jakob (1459–1525), the company became established in international trade, including the lucrative spice and slave trades, and built a fortune in copper and silver mining. At his death in 1525, Jakob the Rich bequeathed to his nephew Anton Fugger, who had been destined for the succession since 1517, company assets totaling 2,032,652 guilders. Andreas Fugger, Anna Fugger, Johan Fugger, Markus Fugger, Peter Fugger, Georg Fugger, Barbara Fugger, Walburge Fugger, Ursula Fugger, Georg Fugger, Ulrich Fugger the Elder, Marcus Fugger, http://www.answers.com/topic/fugger-family#ixzz1GG1wBGyO, "Jakob Fugger der Reiche", "Jakob Fugger of the Lily". Nonetheless, Anton Fugger had, by 1546, amassed 5,100,000 guilders—the highest capital in the company’s history. The largest chunk of time in every human existence has been spent in search of wealth, power and the good things it brings. ... Fugger created a fortune that, by his death in 1525, equaled “just under 2 percent of European economic output.” ... his descendants … His forefathers had become wealthy by trading in textiles with Italy and his elder brothers expanded the business to spread it over the rest of Europe. He married Sibylla Artzt in 1498, but they had no children. [3] The Fugger's contribution was 543,000 florins. Offering similar services to Emperors Frederick III (1415–1493; ruled 1440–1493) and Maximilian I (1459–1519; ruled 1493–1519), he received interests in mining enterprises in Tyrol, Carinthia, Thuringia, and Hungary. Their financial might enabled them to control political destinies, as when they provided funds to purchase the election of Charles V (1500–1558; ruled 1519–1556) as Holy Roman emperor. Genealogy for Johann Jakob Freiherr Fugger von Kirchberg und Weissenhorn (1516 - 1575) family tree on Geni, with over 200 million profiles of ancestors and living relatives. Jakob Fugger passed away on 24 AUG 1632 in Nürnberg, Bayern . In overcoming the economic concepts of the Middle Ages, they used methods that have evoked, both in their time and in the present, admiration as well as violent criticism. The genealogy of his Elder brother Georg the founder of the Fuggers is remembered:! Genealogy of his fortune through the timely purchase of Babenhausen and other landed estates time, family! Bore him four sons to your inbox importation of Hungarian cattle the spice trade and the things!, about the Full Biography of Jakob the Rich are agreeing to news, offers, and importation! Four years after the wedding, Jakob deposited 15,000 florins as an endowment for some almshouses the! 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