Royal history: who was Giovanni di Bicci de'Medici?
As we are with the royal destination blogposts in Florence with the de' Medicis, we can't go on, without some family history. The founder of the de Medici bank and thus the one who laid the fa'mily's wealth and influence in Florence was Giovanni di Bicci de' Medici. Who was Giovanni di Bicci de' Medici? Giovanni di Bicci de' Medici was born in Florence, Italy. He was the son of Averardo de' Medici and Jacopa Spini. His father, Averardo died in 1363 with a respectable amount of wealth. This inheritance was divided among Giovanni and his four brothers, leaving Giovanni with very little. However, his uncle, Vieri de' Medici, was still a prominent banker in Florence. Vieri helped Giovanni begin his career in the Florentine banking system. He worked his way up through the ranks, eventually becoming a junior partner in the branch located in Rome. Vieri de' Medici retired in 1393 leaving the bank in the hands of Giovanni. From this point the Medici ba...