Lorenzo de Tonti (c. 1602 - c. 1684) was a governor of

Gaeta, Italy Gaeta (; lat, Cāiēta; Neapolitan language#Distribution, Southern Laziale: ''Gaieta'') is a city in the province of Latina, in Lazio, Southern Italy. Set on a promontory stretching towards the Gulf of Gaeta, it is from Rome and from Napl ...

and a

Neapolitan Neapolitan means of or pertaining to Naples, a city in Italy; or to: Geography and history * Province of Naples, a province in the Campania region of southern Italy that includes the city * Duchy of Naples, in existence during the Early and Hig ...

banker. He is sometimes credited with the invention of the

tontine A tontine () is an investment linked to a living person which provides an income for as long as that person is alive. Such schemes originated as plans for governments to raise capital in the 17th century and became relatively widespread in the 18 ...

, a form of

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...

, although it has also been suggested that he simply modified existing procedures. Around 1650, his wife, Isabelle di Lietto, gave birth to their first son, the future explorer

Henri de Tonti Henri de Tonti (''né'' Enrico Tonti; – September 1704), also spelled Henri de Tonty, was an Italian-born French military officer, explorer, and ''voyageur'' who assisted René-Robert Cavelier, Sieur de La Salle, with North American explora ...

. Shortly afterwards, Tonti was involved in a revolt against a

Spanish Spanish might refer to: * Items from or related to Spain: **Spaniards are a nation and ethnic group indigenous to Spain **Spanish language, spoken in Spain and many Latin American countries **Spanish cuisine Other places * Spanish, Ontario, Can ...

viceroy A viceroy () is an official who reigns over a polity in the name of and as the representative of the monarch of the territory. The term derives from the Latin prefix ''vice-'', meaning "in the place of" and the French word ''roy'', meaning "k ...

Naples Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...

and had to seek

political asylum The right of asylum (sometimes called right of political asylum; ) is an ancient juridical concept, under which people persecuted by their own rulers might be protected by another sovereign authority, like a second country or another enti ...

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

. Their second son, Alphonse de Tonty, was born in Paris and later helped establish

Detroit, Michigan Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at ...

. For reasons unknown,

Louis XIV , house = Bourbon , father = Louis XIII , mother = Anne of Austria , birth_date = , birth_place = Château de Saint-Germain-en-Laye, Saint-Germain-en-Laye, France , death_date = , death_place = Palace of Vers ...

had him imprisoned in the

Bastille The Bastille (, ) was a fortress in Paris, known formally as the Bastille Saint-Antoine. It played an important role in the internal conflicts of France and for most of its history was used as a state prison by the kings of France. It was sto ...

from 1668 to 1675. Around 1684, he died in obscurity of unknown causes.

References

External links

* "The Great Tontine Gamble", one of a series of articles by Burton J. Hendrick appearing in ''

McClure's Magazine ''McClure's'' or ''McClure's Magazine'' (1893–1929) was an American illustrated monthly periodical popular at the turn of the 20th century. The magazine is credited with having started the tradition of muckraking journalism ( investigative, wat ...

'' in 1906 Italian bankers 1600s births 1680s deaths 17th-century Italian businesspeople Place of birth unknown Prisoners of the Bastille {{italy-business-bio-stub