Augsburg germany jacob fugger jewish holidays 2018
Jacob fugger jewish...
Augsburg germany jacob fugger jewish holidays 2018
Germany Holidays: Meet the Fuggers
Fabulously rich and influential, the Fuggers of Augsburg were heavily criticised for their sharp business tactics, and as a result their name has become a byword for exploitation.
Jakob Fugger’s grave in St Anne’s church in Augsburg
The Augsburg Fuggerei, the first ever almshouses
Jakob Fugger does his sums
The first Fuggers were a hugely successful 15th and 16th family of international bankers and venture capitalists (yes, they existed even then) who took over assets, power and influence from the Medicis.
Based in Augsburg, their patriarch was Hans Fugger, a weaver whose arrival in Augsburg is announced by the entry in the local tax book in 1367: ‘Fucker advenit’ (Fugger has arrived). The spelling is authentic and – in light of future events – almost prophetic.
The family went into trade, first locally and then internationally, and then into mining worldwide, becoming increasingly wealthy with every succeeding