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Fuggers

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Fuggers
16th-century German financiers. [Ger. Hist.: NCE, 1023–1024]
See : Wealth


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The four Paris brothers, employers of her father Francois Poisson, were the small Fuggers or Rothschilds of eighteenth-century France, and profited from the war.
In the next town, Augsburg, I discovered the Fuggerei - 167 houses and apartments donated to the city's poor in the 17th century by the Fuggers, a family of cloth merchants, and believed to be the oldest subsidised housing development in the world.
Even during the late Middle Ages, feudal lords, kings, and even emperors were not necessarily much richer than their vassals--one remembers, for instance, how Emperor Maximilian died penniless (during the last days of his life, no inn could be found that would lodge him and his followers) and how Charles V's election was brought about by the money provided by the Fuggers family.
 
 
 
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