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GIOVANNI DE’ MEDICI

1360–1429

In founding the Medici Bank, the largest financial institution in 15th-century Europe, Giovanni de’ Medici established the power base for the House of Medici. The family acquired vast wealth and political influence, becoming hereditary rulers of Florence and great patrons of the arts, architecture, and the sciences.

The Medici originated from the Mugello region of northern Tuscany, Italy. By the 14th century, many of the family had moved to Florence, where they were involved in its burgeoning banking sector. However, they were by no means the wealthiest family in a city that ...

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