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Peruzzi
The Peruzzi were bankers of Florence, among the leading families of the city in the 14th century, before the rise to prominence of the Medici. Their modest antecedents stretched back to the mid 11th century, according to the family's genealogist Luigi Passerini, but a restructuring of the Peruzzi company in 1300, with an infusion of outside capital, marked the start of a quarter-century of prosperity that brought the family consortium to the forefront of Florentine affairs. Patronage Semi-public patronage reaffirmed the Peruzzi status in Florence: in his will in 1299, Donato di Arnoldo Peruzzi left money for a memorial chapel in a transept of the Basilica of Santa Croce, Florence. It was probably his grandson Giovanni di Rinieri Peruzzi who was Giotto's patron in frescoing the walls with murals honoring John the Evangelist and John the Baptist, which Giotto executed, starting in 1313. For economic historians, the surviving account books of the Peruzzi from the years 1335–1 ...
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Giotto Di Bondone
Giotto di Bondone (; – January 8, 1337), known mononymously as Giotto ( , ) and Latinised as Giottus, was an Italian painter and architect from Florence during the Late Middle Ages. He worked during the Gothic/Proto-Renaissance period. Giotto's contemporary, the banker and chronicler Giovanni Villani, wrote that Giotto was "the most sovereign master of painting in his time, who drew all his figures and their postures according to nature" and of his publicly recognized "talent and excellence".Bartlett, Kenneth R. (1992). ''The Civilization of the Italian Renaissance''. Toronto: D.C. Heath and Company. (Paperback). p. 37. Giorgio Vasari described Giotto as making a decisive break with the prevalent Byzantine style and as initiating "the great art of painting as we know it today, introducing the technique of drawing accurately from life, which had been neglected for more than two hundred years".Giorgio Vasari, ''Lives of the Artists'', trans. George Bull, Penguin Classics, (196 ...
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Giovanni Villani
Giovanni Villani (; 1276 or 1280 – 1348)Bartlett (1992), 35. was an Italian banker, official, diplomat and chronicler from Florence who wrote the ''Nuova Cronica'' (''New Chronicles'') on the history of Florence. He was a leading statesman of Florence but later gained an unsavoury reputation and served time in prison as a result of the bankruptcy of a trading and banking company he worked for. His interest in and elaboration of economic details, statistical information, and political and psychological insight mark him as a more modern chronicler of late medieval Europe.Bartlett (1992), 35–36. His ''Cronica'' is viewed as the first introduction of statistics as a positive element in history. However, historian Kenneth R. Bartlett notes that, in contrast to his Renaissance-era successors, "his reliance on such elements as divine providence links Villani closely with the medieval vernacular chronicle tradition."Bartlett (1992), 36. In recurring themes made implicit through s ...
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Medici Bank
The Medici Bank (Italian: ''Banco dei Medici'' ) was a financial institution created by the Medici family in Italy during the 15th century (1397–1494). It was the largest and most respected bank in Europe during its prime. There are some estimates that the Medici family was, for a period of time, the wealthiest family in Europe. Estimating their wealth in today's money is difficult and imprecise, considering that they owned art, land, and gold. With this monetary wealth, the family acquired political power initially in Florence, and later in the wider spheres of Italy and Europe. A notable contribution to the professions of banking and accounting pioneered by the Medici Bank was the improvement of the general ledger system through the development of the double entry system of tracking debits and credits or deposits and withdrawals. Giovanni di Bicci de' Medici was the first Medici to enter banking on his own, and while he became influential in the Florentine government, it was ...
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Bardi Family
The House of Bardi was an influential Florentine family that started the powerful banking company Compagnia dei Bardi. In the 14th century the Bardis lent Edward III of England 900,000 gold florins, a debt which he failed to repay along with 600,000 florins borrowed from the Peruzzi family, leading to the collapse of both families' banks. During the 15th century the Bardi family continued to operate in various European centres, playing a notable role in financing some of the early voyages of discovery to America including those by Christopher Columbus and John Cabot. History The nobility of the Bardi family has been documented since the year 1164, when Emperor Friedrich Barbarossa relinquished the county of Vernio to Count Alberto along with “the right to confer the noble title on his descendents.”. Countess Margherita, the last of Alberto's line, sold Vernio to her son-in-law, Piero de’ Bardi. Alberto's property included "a castle and nine communes" located 22 miles f ...
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Basilica Di Santa Croce Di Firenze
The (Italian for 'Basilica of the Holy Cross') is the principal Franciscan church in Florence, Italy, and a minor basilica of the Roman Catholic Church. It is situated on the Piazza di Santa Croce, about 800 meters south-east of the Duomo. The site, when first chosen, was in marshland outside the city walls. It is the burial place of some of the most illustrious Italians, such as Michelangelo, Galileo, Machiavelli, the poet Foscolo, the philosopher Gentile and the composer Rossini, thus it is known also as the Temple of the Italian Glories (). Building The basilica is the largest Franciscan church in the world. Its most notable features are its sixteen chapels, many of them decorated with frescoes by Giotto and his pupils, and its tombs and cenotaphs. Legend says that Santa Croce was founded by St Francis himself. The construction of the current church, to replace an older building, was begun on 12 May 1294, possibly by Arnolfo di Cambio, and paid for by some of the city's ...
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Medieval Banking
The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 Common Era, BCE in Assyria, India and Sumeria. Later, in ancient Greece and during the Roman Empire, lenders based in temples gave loans, while accepting Deposit account, deposits and performing the Bureau de change, change of money. Archaeology from this period in History of China#Ancient China, ancient China and history of India, India also shows evidence of Loan, money lending. Many scholars trace the historical roots of the modern banking system to medieval and Renaissance Italy#Early Modern, Italy, particularly the affluent cities of Florence, Venice and Genoa. The Bardi family, Bardi and Peruzzi Families dominated banking in 14th century Florence, establishing branches in many other parts of Europe.Noble Foster Hoggson, Hoggson, N. F. (1926) ''Banking Through the Ages'', New York, ...
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Medici
The House of Medici ( , ) was an Italian banking family and political dynasty that first began to gather prominence under Cosimo de' Medici, in the Republic of Florence during the first half of the 15th century. The family originated in the Mugello region of Tuscany, and prospered gradually until it was able to fund the Medici Bank. This bank was the largest in Europe during the 15th century and facilitated the Medicis' rise to political power in Florence, although they officially remained citizens rather than monarchs until the 16th century. The Medici produced four popes of the Catholic Church—Pope Leo X (1513–1521), Pope Clement VII (1523–1534), Pope Pius IV (1559–1565) and Pope Leo XI (1605)—and two queens of France—Catherine de' Medici (1547–1559) and Marie de' Medici (1600–1610). In 1532, the family acquired the hereditary title Duke of Florence. In 1569, the duchy was elevated to the Grand Duchy of Tuscany after territorial expansion. The Medici ruled the G ...
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Planters
Planters Nut & Chocolate Company is an American snack food company now owned by Hormel Foods. Planters is best known for its processed nuts and for the Mr. Peanut icon that symbolizes them. Mr. Peanut was created by grade schooler Antonio Gentile for a 1916 contest to design the company's brand icon. The design was modified by a commercial artist and has continued to change over the years. History Planters was founded by Italian immigrant Amedeo Obici in Wilkes-Barre, Pennsylvania. He started his career as a bellhop and fruit stand vendor in Scranton, Pennsylvania. Obici later moved to Wilkes-Barre, opened his own fruit stand, and invested in a peanut roaster. Obici turned peddler within a few years, using a horse and wagon, and calling himself "The Peanut Specialist". In 1906, Obici entered a partnership with Mario Peruzzi, the soon to be owner of Planters. Peruzzi had developed his own method of blanching whole roasted peanuts, doing away with the troublesome hulls and skin ...
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Banking Families
Banking families are families which have been involved in banking for multiple generations, in the modern era generally as owners or co-owners of banks, often named for their families. Banking families have been important in the history of banking, especially before the 20th century. Antiquity * House of Egibi of Mesopotamia *Murashu family of Mesopotamia Modern See also * Private bank * Private banking References Banking Families Family (from la, familia) is a group of people related either by consanguinity (by recognized birth) or affinity (by marriage or other relationship). The purpose of the family is to maintain the well-being of its members and of society. Ideall ...
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Gonfaloniere Of Justice
Gonfaloniere of Justice () was a post in the government of medieval and early Renaissance Florence. Like Florence's Priori, it was introduced in 1293 when Giano Della Bella's Ordinances of Justice came into force. He was one of the nine citizens selected by drawing lots every two months, who formed the government, or Signoria. As he was the temporary standard-bearer of the Republic of Florence and custodian of the city's banner, which was displayed from the yardarm of a portable cross. Along with the voting rights of the other Priori, he was also in charge of the internal security forces and the maintenance of public order. To distinguish him from his other eight colleagues, his crimson coat, lined with ermine, was further embroidered with golden stars. Each of Florence's neighborhoods, or , had its own who might be selected to serve on the council, and its own selected from the first families of each quarter. History Prelude The gonfaloniere di giustizia in 1366 was Ni ...
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Bezant
In the Middle Ages, the term bezant (Old French ''besant'', from Latin ''bizantius aureus'') was used in Western Europe to describe several gold coins of the east, all derived ultimately from the Roman ''solidus''. The word itself comes from the Greek Byzantion, ancient name of Constantinople, the capital of the Byzantine Empire. The original "bezants" were the gold coins produced by the government of the Byzantine Empire, first the ''nomisma'' and from the 11th century the ''hyperpyron''. Later, the term was used to cover the gold dinars produced by Islamic governments. In turn, the gold coins minted in the Kingdom of Jerusalem and County of Tripoli were termed "Saracen bezants", since they were modelled on the gold dinar. A completely different electrum coin based on Byzantine ''trachea'' was minted in the Kingdom of Cyprus and called the "white bezant". The term "bezant" in reference to coins is common in sources from the 10th through 13th centuries. Thereafter, it is mainly ...
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Chianti
A Chianti wine (, also , ) is any wine produced in the Chianti region of central Tuscany. It was historically associated with a squat bottle enclosed in a straw basket, called a ''fiasco'' ("flask"; ''pl. fiaschi''). However, the ''fiasco'' is only used by a few makers of the wine as most Chianti is now bottled in more standard shaped wine bottles. In the mid-late 19th century, Baron Bettino Ricasoli (later Prime Minister of the Kingdom of Italy) helped establish Sangiovese as the blend's dominant grape variety, creating the blueprint for today's Chianti wines. The first definition of a wine area called ''Chianti'' was made in 1716. It described the area near the villages of Gaiole, Castellina and Radda; the so-called ''Lega del Chianti'' and later ''Provincia del Chianti'' (Chianti province). In 1932 the Chianti area was completely redrawn and divided into seven sub-areas: Classico, Colli Aretini, Colli Fiorentini, Colline Pisane, Colli Senesi, Montalbano and Rùfina. Most o ...
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