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The Medici family became one of the richest in Europe primarily through their banking enterprise, the Medici Bank, which was established in the late 14th century. Their financial acumen allowed them to lend money to monarchs and popes, significantly increasing their wealth and influence. Additionally, their strategic investments in various industries, including textiles and trade, along with their patronage of the arts, helped solidify their power and status in Renaissance Florence and beyond.
What else can I help you with?
What family organized a banking business in Florence Italy and became one the richest and most powerful families in Europe during the Renaissance?
Medici
Who were Pope Leo X's parents?
Pope Leo X's father was Lorenzo de Medici, or Lorenzo the Magnificent and his mother was Clarice Orsini. His family, the Medici family, was one of the richest, or maybe even the richest, families in Europe.
One of the most powerful political families in Italy was?
The Medici family.
Who are the three richest families currently?
trumps are one
What does Bank of Medici?
The Medici family are credited with creating a major bank, in the 15th century. It was one of the largest in Europe at that time.
What was the Medici family and namely Lorenzo known for?
The Medici Family made a fortune as wool and silk merchants and bankers. They built alliances with other wealthy families, acquired important positions in the Church, and married into Europe's royal families. By 1434, Cosimo de Medici was powerful enough to take over Florence. The Medici Family sponsord artists like Michelangelo, Botticelli, Leonardo da vinci and so many more.
Became one of the richest men in Europe?
Alfred krupp
Who became one of the richest men Europe?
Alfred krupp
The political strength of the medici family in florence was intially based on?
The Medici were the richest most powerful merchants and bankers. Plus, they had a pope in the family which gave a lot of power and they had one of the most powerful paid armies in the area.
Switzerland is one of the richest countries on what continent?
Switzerland is a country in Europe.
Is Liverpool the poorest city in Europe?
No. In fact, Liverpool is one of the richest.
Did the De medici Family help during the renaissance?
Yes, they helped Florence become one of the richest and highly successful city states in Italy.
