Jacob Fugger. Painting by Albrecht Dürer.

Jacob Fugger, nicknamed "the Rich" (6 March 1459 in Augsburg, Holy Roman Empire – 30 December 1525 in Augsburg), was a banker and a member of the Fugger family. A trader like his brothers, he learned double-entry bookkeeping (keeping track of both credits and debits) in the Adriatic Port of Venice. He was well-known throughout Europe, and used his eventual fortune to loan money to its rulers. Image File history File links Download high resolution version (2024x2859, 671 KB) File links The following pages link to this file: Jacob Fugger Portal:Germany/Anniversaries/March Portal:Germany/Anniversaries/March/March 6 ... Image File history File links Download high resolution version (2024x2859, 671 KB) File links The following pages link to this file: Jacob Fugger Portal:Germany/Anniversaries/March Portal:Germany/Anniversaries/March/March 6 ... Self-Portrait, 1493, Oil on Canvas Albrecht Dürer (May 21, 1471 — April 6, 1528) was a German painter, wood carver, engraver, and mathematician of Hungarian ancestry. ... March 6 is the 65th day of the year in the Gregorian Calendar (66th in Leap years). ... Events September 23 - Battle of Blore Heath. ... Augsburg is a city in south-central Germany. ... This page is about the Germanic empire. ... December 30 is the 364th day of the year (365th in leap years) in the Gregorian Calendar, with 1 day remaining. ... Events January 21 - The Swiss Anabaptist Movement was born when Conrad Grebel, Felix Manz, George Blaurock, and about a dozen others baptized each other in the home of Manzs mother on Neustadt-Gasse, Zürich, breaking a thousand-year tradition of church-state union. ... For other uses, see Bank (disambiguation). ... The Fugger family was a historically prominent group of European bankers. ... Double-entry book-keeping is the standard accounting practice for recording financial transactions. ...

Early life

Fugger was the son of a weaver who settled in the southern German town of Augsburg by the late fifteenth century. Augsburg is a city in south-central Germany. ...

Rise to wealth

Inheriting his father's business of trading, he expanded the family enterprise to the Adriatic sea via the port of Venice, where Fugger learned double-entry bookkeeping. When asked if he wanted to retire, Fugger replied that he intended to keep making money until he dropped dead. Double-entry book-keeping is the standard accounting practice for recording financial transactions. ...

Election of Charles V

Fugger provided Charles V with the money needed to bribe the seven electors to make him Holy Roman Emperor. Fugger often provided mercenary armies with monetary resources so they could wage war against one another. Charles V, Holy Roman Emperor and King of Spain. ... Charles V, Holy Roman Emperor and King of Spain. ...