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Lorenzo's grandfather, Cosimo de' Medici, was the first member of the Medici family to lead the Republic of Florence and run the Medici Bank simultaneously. As one of the wealthiest men in Europe, the elder Cosimo spent a very large portion of his fortune on government and philanthropy, for example as a patron of the arts and financier of public works. [7]
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 Medici Chapels (Italian: Cappelle medicee) are two chapels built between the 16th and 17th centuries as an extension to the Basilica of San Lorenzo, in the Italian city of Florence. They are the Sagrestia Nuova ('New Sacristy'), designed by Michelangelo , and the larger Cappella dei Principi ('Chapel of the Princes'), a collaboration ...
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 first de facto Lord (Italian: Signore) in the history of the Republic of Florence was Cosimo de' Medici.Thanks to his moderate policy, Cosimo managed to maintain power for over thirty years until his death, ruling the state silently through his trusted men and thus allowing the consolidation of his family, the Medici, in the government of Florence.
Piero di Lorenzo de' Medici (15 February 1472 – 28 December 1503), [1]: 7 called Piero the Fatuous or Piero the Unfortunate, was the lord of Florence from 1492 until his exile in 1494. [ 2 ] Early life
Lorenzo di Pierfrancesco studied under notable Florentine Renaissance humanists Marsilio Ficino, Angelo Poliziano and Giorgio Antonio Vespucci (uncle of the navigator Amerigo Vespucci; Amerigo was a fellow-student and, from the 1483, became an employee and friend of Lorenzo di Pierfrancesco; in the early 1500s, Amerigo Vespucci would send most ...
The new Pope Leo X was no stranger to Michelangelo, being no other than his old schoolmate Giovanni di Lorenzo de' Medici, the second son of Lorenzo the Magnificent. Since Leo was a Medici, one of the projects that naturally occurred to him was the decoration of the unfinished front of his family's church, San Lorenzo, in Florence. [8]
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