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Fugger Banking Network

Type Object Region Holy Roman Empire Time 1367–1650

A transnational finance and trading organization based in Augsburg in the 15th–16th centuries, run by the Fugger family, epitomizing the deep binding…

Timeline

  1. 1480–1525Augsburg · AugsburgThe Fugger family accumulated capital through financing Tyrolean silver mines, Hungarian copper mines, and the spice trade, becoming one of the most important merchant bankers in the Holy Roman Empire.
  2. 1531–1540Augsburg and major European trading ports · AugsburgAfter Jakob Fugger died, the family, under figures such as Anton Fugger, still dominated Habsburg and papal debt and financed Portuguese and Spanish colonial trade; the 1530s were one of the high points of its influence.
  3. 1550–1650Augsburg · AugsburgHit by the Thirty Years' War and Spanish royal bankruptcies, the Fuggers gradually scaled back credit, turning to landholding and noble status, and the transnational banking network declined.

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