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Giovanni di Bicci de' Medici (c. 1360 – February 1429) was an Italian banker and founder of the Medici Bank.
Giovanni de’ Medici, the most noted soldier of all the Medici. Giovanni belonged to the younger, or cadet, branch of the Medici, descended from Lorenzo, brother to Cosimo the Elder. His son, Cosimo, became the first grand duke of Tuscany as Cosimo I, founder of the grand duchy and the new Medicean dynasty.
Learn about the first Medici patriarch who built a banking empire and influenced Florentine politics and culture. Discover his achievements, his friendships, his legacy and his tomb in Florence.
Jan 30, 2023 · The dynasty began when Giovanni di Bicci de’ Medici (1360–1429) emigrated to Florence to found the Medici Bank in 1397, which would become Europe’s largest and most respected bank. Using his success in banking, he turned to new lines of commerce – trading spices, silk and fruit.
…family’s fortune was laid by Giovanni di Bicci (1360–1429), who founded the Medici bank and in 1422 was appointed as banker to the papacy. His son Cosimo, who dominated the reggimento (principal patrician families) from 1434, united his vast financial resources with a keen intelligence.
Jun 20, 2024 · His son Giovanni di Bicci de’ Medici (1360–1429), considered the first of the great Medici, inherited the family business based on cloth and silk manufacturing and on banking operations and made the family powerfully prosperous.
Apr 4, 2024 · This surge in wealth transformed the Medici family into a dominant force, reshaping the balance of power in Florence and beyond. Founded by Giovanni di Bicci de' Medici in 1397, the Medici family became one of the most influential families in Renaissance Florence as a result.
