Jakob Fugger, that realms, (* 6. March 1459 in Augsburg; "† 30 December 1525 in Augsburg) became as the tenth of eleven children Jakob Fuggers (1398-1469) and its Mrs. Barbara (1419-1497), daughter of the Franz born.

Actually the Jakobs Fugger and its brother Markus should hit a klerikale career as youngest of seven sons, while its five older brothers entered into the paternal company. It was educated in the monastery and had thus been received already the admission as Kanonikus, when its brother Ulrich got it after the death of three of his older brothers 1478 with 19 years into the company of his father. Its father had already died 1469, so that now Ulrich was the family head. Together with his brothers Ulrich and George he led now the company.

Its first year spent the Jakobs in Italy with his important commercial centres Rome, Venice and Florenz. Together with its brother Ulrich it attached thereby contacts to the Medici and to the Pope.

In the next years Jakob worried particularly about the development of the international relations, Ulrich led Augsburger principal firm and George the branch. In the year 1485 Jakob Fugger transferred the line of the Innsbrucker overseas trading station.

Around 1495 Jakob Fugger entered into the growth market mining industry and ore trade. He bought smaller companies of the Salzburger of silver mining industry and let several bloom and metallurgical plants build. Later mines were added into Tirol and north Hungary (the today's Slowakei). By its close contacts to the Pope it entered in addition into the drain trade.

1498 he married Sibylle Artzt, the daughter of an outstanding Augsburger of citizen. Its marriage remained however childless, so that its company and the whole fortune ignored nephews after its death on its Raymund and Anton Fugger.

1509 it supported emperors Maximilian I. with its war in Italy. In addition it granted also large loans to many other European princes. The Fugger ascended thereby to one of the largest banking houses of Europe.

1511 attained the Jakobs after the death of its brothers the exclusive line of the fuggerschen companies and into the nobility were raised.

The time was coined/shaped by very large differences between poor and richly. Over 90% of the population had as well as no fortune, lived in misery and by the upper ones one exploited. In addition the reformation ideas of Johannes Calvin, Martin Luther and other one came. In completely Germany there were rebellions of the farmers and craftsmen.

In order to improve this situation and also the concern around its soul welfare, Jakob Fugger donated 1514 to 1523 the Fuggerei in such a way specified, a settlement with subsidized low-rent housings for Augsburger arms. For a Rheini gulden and there socially weak one could know annual rent to live (today for 0,88 "€ annual rent). Furthermore Jakob gave to that realms the impact to the "“Fuggerkapelle"” in the church to pc. Anna in Augsburg.

Jakob Fugger died 1525 as one of the richest men of Europe with a fortune of over 2 million guldens. This would correspond today approximately to the value of the three largest companies in the world, cumulated, thus a far over trillion euro.

Jakob Fugger developed the first multinational company of the world, whose sphere of influence extended from Eastern Europe into the mines of America.

It set up in honours its in the Walhalla and the residents of Munich fame-resounds.

Literature

• of The Fugger. 6. Aufl. 1999 (Mohr & filter-hit a corner), ISBN 3-16-147013-3
• of Jakob Fugger. 1949 (Mohr & filter-hit a corner)
• Franz Herre: The Fugger in their time. 12. Edition. Wissner publishing house, Augsburg 2005, ISBN 3-89639-490-8
• Ogger: Purchase you an emperor. The history of the Fugger. 17. Edition. Droemer Knaur, Munich 1995, ISBN 3-426-03613-4
• Thomas's R.P. Mielke: Gold for the emperor, Herbig, Munich 2004, ISBN 3776623659
• Andreas Eschbach: One trillion dollar (novel), Bergisch Gladbach 2003, ISBN 3-404-15040-6
• Benjamin Scheller: Memoria at the turn of an era. The donations Jakob Fuggers handing forwards and during the reformation. Berlin 2004 (academy), ISBN 3-05-004095-5

Related links

• Entry in the ADB
• Biografie with historiker.de

Articles in category "Jakob Fugger"

We found here 29 articles.

Related Websites

We found here 6 related websites.

• Fugger - Wikipedia, the free encyclopedia
  Jakob died in 1525. He is considered to be one of the richest persons of all time and today, he is well known as Jakob Fugger 'the rich'. ...


• Fugger: Definition and Much More From Answers.com
  Ulrich's youngest brother Jakob Fugger (illustration, right) was born in ... Jakob's successor was his nephew Anton Fugger, son of his elder brother Georg. ...


• Jacob Fugger - Wikipedia, the free encyclopedia
  Jacob Fugger. Painting by Albrecht D


• Jacob Fugger - Wikipedia, the free encyclopedia
  Jacob Fugger. Painting by Albrecht D


• Jacob Fugger: Information From Answers.com
  Jacob Fugger Jacob Fugger. Painting by Albrecht D


• Richest People in History Jakob Fugger
  About Jakob Fugger a German trader and one of this richest men in history, biography of the man.