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Their wealth came from being bankers. They were the bankers to the Pope and pretty much all powerful rulers in Europe. They had banks throughout Europe.

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15y ago

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How did the Medici make their money?

The Medici's made their money in Florentine banking. They were the ruling aristocratic family in Florence. They had such wealth that their name is still widely known in Italy today.


Who was known for there wealth and greed?

Both the house of Medici and the house of Borgia in Italy in the middle ages.


What was Cosimo de Medici's overall significance?

Cosimo established the Medici dynasty based on inherited wealth. He had enormous influence in supporting art and the intellectual life of the Renaissance. Please see the link.


How did the Medici's make money?

The Medici's made their money in Florentine banking. They were the ruling aristocratic family in Florence. They had such wealth that their name is still widely known in Italy today.


How does the rise of the Medici family reflect the Renaissance movement?

The Medici family created the capitalist system during the Renaissance. The wealth that they built gave them the ability to exercise power and influence as well as building prestige.


How did the Medici family facilitate the Renaissance?

The medici family facilitated the Renaissance as they had the wealth and power. They brought art and architecture, and introduced it to the people during the Medieval Period. This led to more knowledge which also led to the Renaissance. :)


Did banking play a role in the wealth and art of the Italian city-states?

Yes, banking played a crucial role in the wealth and art of the Italian city-states during the Renaissance. The rise of banking families like the Medici in Florence allowed for the accumulation and investment of wealth, which in turn supported the flourishing of artistic patronage and the commissioning of artworks. The Medici, for example, were major patrons of artists such as Michelangelo and Botticelli, elevating their status and contributing to the development of Renaissance art.


Why was the Medici family so important?

The Medici family was a very wealthy family during the 12th and 13th centuries. They were part of the patrician class but amassed their wealth through banking and commerce. They had a huge political influence and helped to contribute the arts and sciences.


Who had wealth during the renaissance?

The wealthiest areas were the Italian city-states such as Venice, because they controlled the lucrative trade with Asia. Perhaps the wealthiest family was the Medici.


Where does the Bush family wealth come from?

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What is the significance of the Medici family symbol in Renaissance art and history?

The Medici family symbol, a set of red balls on a gold shield, represented their wealth, power, and influence during the Renaissance. It was prominently featured in art and architecture commissioned by the Medici family, showcasing their patronage of the arts and their role in shaping the cultural landscape of the time. The symbol also served as a mark of prestige and status, solidifying the Medici family's legacy as one of the most influential dynasties of the Renaissance period.


What example was given of great power of the Medici?

One notable example of the Medici family's great power is their influence over the Florentine Republic during the Renaissance. The Medici, particularly Cosimo de' Medici, utilized their wealth from banking to control political affairs, patronize the arts, and support prominent artists like Michelangelo and Botticelli. Their ability to finance and support major cultural developments solidified their status as powerful leaders in Florence and beyond, ultimately impacting the course of Western art and culture.