Welser is the surname of an important Germanbanking and merchantfamily, originally from Augsburg. Along with the Fugger family, the Welser family controlled various sectors of the European economy, and accumulated enormous wealth through trade and the German colonization of the Americas. A family name, or surname, is that part of a persons name that indicates to what family he or she belongs. ... For other uses, see Bank (disambiguation). ... Merchants function as professional traders, dealing in commodities that they do not produce themselves. ... This article is about the domestic group. ... Augsburg is a city in south central Germany. ... The Fugger family or Fuggers was a historically prominent group of European bankers. ... The economy of Europe is comprised of more than 665 million people in 48 different states. ... Wealth usually refers to money and property. ... The Wikipedia community considers the subject of this article to the encyclopedia. ... The German colonization of the Americas consisted of a 16th century attempt to settle Venezuela. ...
The Welserfamily was an old patrician family of Augsburg (southern Germany) and one of the wealthiest in Germany.
Marc Welser was sent to Rome at the age of 16 and became a very fine scholar of Greek and Latin; he also became fluent in Italian and studied antiquities.
Welser was elected at this time to the Lyncean Academy.