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The House of Medici (English: / ˈ m ɛ d ɪ tʃ i / MED-itch-ee, UK also / m ə ˈ d iː tʃ i / mə-DEE-chee; [4] Italian: [ˈmɛːditʃi]) was an Italian banking family and political dynasty that first consolidated power in the Republic of Florence under Cosimo de' Medici and his grandson Lorenzo "the Magnificent" during the first half of the 15th century.
The Palazzo del Banco Mediceo or simply Banco Mediceo, was a palace in Milan, the Milanese seat of the Medici's financial exchange activities, known throughout Europe as the Medici Bank. It was one of the earliest examples of Lombard Renaissance architecture.
The Pazzi conspiracy (Italian: Congiura dei Pazzi) was a failed plot by members of the Pazzi family and others to displace the Medici family as rulers of Renaissance Florence. On 26 April 1478 there was an attempt to assassinate Lorenzo de' Medici and his brother Giuliano. Lorenzo was wounded but survived; Giuliano was killed.
The Medici were still able to show their wealth on the exterior through their building material choices. The rusticated blocks soon became seen as a status symbol as the materials were costly and rare. They also, later, became a large part of power politics that was believed to have started with the Palazzo Medici Riccardi. [10]
A factor was dispatched to Venice to seek out investment opportunities. He did well and on March 25, 1402, the third branch of the Medici bank was opened. It suffered from some initial mismanagement (by the factor who had previously done so well—he made the fatal mistake of violating the partnership agreement and loaning money to Germans; on a more humane note, he would eventually become a ...
The Medici sixty-year reign came to an end under the reign of Piero Medici. [7] In the same year, the Medici were expelled from Florence as the result of the rise of Girolamo Savonarola. Michelangelo left the city before the end of the political upheaval, moving to Venice and then to Bologna, [6] where he stayed for more than a year.
In 1530 Antonio participated in the defense of the Florentine Republic but after the capture of the city by Imperial troops, and the return to power of the Medici, Antonio grew weary of Medici rule and left Florence in 1537 to oversee Barberini business in Rome. [2] In 1552, Carlo's son Francesco followed his uncle to Rome and business flourished.
Francesco de' Pazzi (28 January 1444 – 26 April 1478) was a Florentine banker, a member of the Pazzi noble family, and one of the instigators of the Pazzi conspiracy, a plot to displace the Medici family as rulers of the Florentine Republic. His uncle, Jacopo de' Pazzi, was one of the main organizers of the conspiracy. [1]