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Fugger

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Fugger (fg`ər), German family of merchant princes. The foundation of their wealth was laid by

Hans Fugger, allegedly a weaver, who moved to Augsburg in 1367. His descendants built up the family fortune by trade and banking. With

Jacob Fugger II, 1459–1525, called Jacob the Rich, the house entered its zenith. It owned extensive real estate, merchant fleets, and palatial establishments throughout Europe. Jacob's fortune was largely built on a virtual monopoly in the mining and trading of silver, copper, and mercury. He lent immense sums to Holy Roman Emperor Maximilian I and helped secure the election (1519) of Charles V as Holy Roman emperor by bribing the electors. Charles ennobled the family and granted them sovereign rights over their lands, including that of coining their own money. Then the richest family in Europe, the Fuggers were generous patrons of the arts and learning and philanthropists, notably at Augsburg, their residence. Under

Raimund Fugger, 1489–1535, and

Anton Fugger, 1493–1560, the house reached the limits of its power and fortune. Its decline paralleled that of the Hapsburgs, whose wars the Fuggers financed. Several descendants were prominent, but, except for some real estate, little is left of the once fabulous wealth.

Bibliography

See R. Ehrenberg, Capital and Finance in the Age of the Renaissance (tr. 1928); J. Strieder, Jacob Fugger the Rich (tr. 1931, repr. 1966); G. T. Matthews, ed., News and Rumor in Renaissance Europe: The Fugger Newsletters (1959).



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To be told by Rome that he was suspect for heresy, then that he was a notorious heretic; to defend himself in the home of the Fugger bankers at Augsburg in an interview with the able Dominican Cardinal Cajetan (was there a treasure of the Church from which popes could dispense pardons?
Owen Chadwick. The Early Reformation on the Continent by Karant-Nunn, Susan C. / Renaissance Quarterly
In his book, Publishing Newsletters, Howard Penn Hudson says the first known examples of newsletters are the hand-written business news sheets developed by Count Philip Edward Fugger (1546-1618).
Newsletters: the internet of 18th century France by swift, paul / The Newsletter on Newsletters
Fugger and his colleagues at the Genetics & IVF Institute began their study by recruiting 119 couples who wanted a baby girl.
It's a Girl! by FACKELMANN, KATHLEEN / Science News
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