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Philip Edvard Fugger

Philip Edvard Fugger


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Philip Edvard Fugger

PHILIP EDVARD FUGGER Member of prominent German banking family. Date: 16TH CENTURY

Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries

Media ID 14303678

© Mary Evans Picture Library

Banking Edvard Fugger Member Philip Prominent


EDITORS COMMENTS
1. Title: "Philip Edvard Fugger: A Prominent Figure in 16th Century German Banking" Philip Edvard Fugger, depicted in this striking portrait, was a prominent member of the renowned Fugger family, which dominated European finance during the 16th century. Hailing from Augsburg, Germany, the Fuggers were one of the most influential and wealthy families of their time, with extensive business interests in mining, trade, and banking. Born in 1523, Philip Edvard Fugger was the eldest son of Jakob Fugger the Younger (1459-1525) and Sibylle Holsztyn (1501-1554). He was educated in law and theology, reflecting the family's commitment to a well-rounded education for its members. However, it was in the family business where Philip Edvard would make his mark. As a member of the Fugger banking dynasty, Philip Edvard played a significant role in the family's financial dealings. He was instrumental in expanding the family's business network, establishing connections with various European rulers and institutions. His extensive dealings included loans to the Holy Roman Emperor, Charles V, and the Habsburg monarchy, as well as trade agreements with the Ottoman Empire. Philip Edvard's business acumen and diplomatic skills were crucial in navigating the complex political and economic landscape of the 16th century. He was also known for his philanthropic efforts, donating generously to various religious and charitable causes. This portrait, likely painted during Philip Edvard's later years, captures the essence of a man who left an indelible mark on European history. His legacy as a member of the Fugger family, one of the most influential banking dynasties in history, continues to be celebrated to this day. The portrait, a testament to the opulence and power of the Fugger family, is a valuable historical artifact that offers a glimpse into the world of 16th century European finance and diplomacy.

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