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===Founding=== The founder of the family was Hans Fugger, a weaver at [[Graben, Bavaria|Graben]], near the [[Swabia]]n [[Imperial Free City|Free City]] of [[Augsburg]].<ref name=eb11>{{Cite EB1911|wstitle=Fugger |volume=11 |pages=287–288}}</ref> The last name was originally spelled "Fucker" – the first recorded reference to the family comes when Johann's son, also named Johann (or Hans), moved to Augsburg in 1367, with the local [[tax]] register laconically noting ''Fucker advenit'', "Fugger has arrived".<ref>{{Cite book|last=Steinmetz, Greg.|url=http://worldcat.org/oclc/965139738|title=The richest man who ever lived : the life and times of Jacob Fugger|year=2015|page=5|publisher=Simon and Schuster|isbn=978-1-4516-8856-6|oclc=965139738|access-date=6 August 2020|archive-date=2 June 2024|archive-url=https://web.archive.org/web/20240602064811/https://search.worldcat.org/title/965139738|url-status=live}}</ref><ref>Mark Häberlein: ''The Fuggers of Augsburg: Pursuing Wealth and Honor in Renaissance Germany.'' (= ''Studies in early modern German history''). University of Virginia Press, 2012, {{ISBN|978-0-8139-3244-6}}, Kapitel ''The Fugger family in late medieval Augsburg''</ref> He married Klara Widolf and became an Augsburg citizen. After Klara's death, he married Elizabeth Gattermann. He joined the weaver's guild, and by 1396, he was ranked high in the list of taxpayers. He added the business of a merchant to that of a weaver.<ref name=eb11/> His eldest son, [[Andreas Fugger]], was a merchant in the weaving trade, and was nicknamed "Fugger the Rich"<ref>{{Cite AmCyc|wstitle=Fugger}}</ref> after buying land and other properties. The Fugger family itemized and inventoried a large number of Asian rugs, an unusual undertaking at the time.<ref>{{cite web|url=http://www.dilmaghani.com/oriental-rugs.htm#fuggers|title=Oriental Rugs & Oriental Carpets – Dilmaghani|first=D. Dilmaghani, Certified Rug|last=Appraiser|access-date=3 September 2016|archive-date=9 August 2016|archive-url=https://web.archive.org/web/20160809060900/http://dilmaghani.com/oriental-rugs.htm#fuggers|url-status=live}}</ref> Andreas's son, [[Lukas Fugger]], was granted arms by the Emperor [[Frederick III, Holy Roman Emperor|Frederick III]], a [[Golden Hind (mythology)|golden deer]] on a blue background, and he was soon nicknamed "the Fugger of the Deer".<ref name=eb11/> He would eventually go bankrupt. His descendants served their cousins of the famous younger branch and later went to Silesia. Contemporary members of the Fugger of the Deer (''German:'' Fugger vom Reh) are descendants of Matthäus Fugger (1442–1489/92). [[File:Giovanni_Bellini_-_Portrait_of_Joerg_Fugger_(1474).jpg|thumb|left|''[[Portrait of Georg Fugger]]'' by [[Giovanni Bellini]], 1474]] Hans Fugger's younger son, [[Jakob Fugger the Elder|Jakob the Elder]], founded another branch of the family. This branch progressed more steadily and they became known as the "Fuggers of the Lily" after their chosen arms of a flowering [[lily]] on a gold and blue background. Jakob was a master weaver, a merchant, and an [[alderman]]. He married [[Barbara Basinger|Barbara Bäsinger]], the daughter of a goldsmith. His fortune progressed, and by 1461, he was the twelfth richest man in Augsburg. He died in 1469. Jakob's eldest son, Ulrich, took over the business on his father's death, and in 1473 he provided new suits of clothes to Frederick, his son [[Maximilian I, Holy Roman Emperor|Maximilian I]], and his suite on their journey to [[Trier]] to meet [[Charles I, Duke of Burgundy|Charles the Bold]] of [[Duchy of Burgundy|Burgundy]] and the [[betrothal]] of the young prince to Charles's daughter Maria. Thus began a very profitable relationship between the Fugger family and the [[Habsburg]]s. With the help of their brother in Rome, Marx, Ulrich and his brother George handled remittances to the [[papal court]] of monies for the sale of [[indulgences]] and the procuring of Church benefices. From 1508 to 1515, they leased the Roman mint. Ulrich died in 1510. When the Fuggers made their first loan to the Archduke [[Sigismund, Archduke of Austria|Sigismund]] in 1487, they took as security an interest in silver and copper mines in the [[County of Tyrol|Tyrol]]. This was the beginning of an extensive family involvement in mining and precious metals.<ref>{{cite web|url=http://www.mindcontagion.org/banking/hb1487.html|title=History of Banking, 1487 – The Fuggers and the Archduke|access-date=3 September 2016|archive-date=15 September 2016|archive-url=https://web.archive.org/web/20160915202729/http://www.mindcontagion.org/banking/hb1487.html|url-status=live}}</ref> The Fuggers also participated in mining operations in [[Silesia]], and owned copper mines in [[Kingdom of Hungary|Hungary]]. Their trade in spices, wool, and silk extended to almost all parts of Europe.<ref name=eb11/>
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