Jacob Fugger(German: Jakob Fugger) (6 March 1459 – 30 December 1525), sometimes known as Jacob Fugger the Rich, was a German banker and a member of the Fugger family. Fugger was born on 6 March 1459 in the Swabian town of Augsburg in the Holy Roman Empire. He was the son of Jakob Fugger the Elder, a weaver and councilman in Augsburg. A trader like his brothers, he learned double-entry bookkeeping in Venice. Inheriting his father's business of trading, Fugger expanded the family enterprise to the Adriatic Sea via the port of Venice. He married Sibylla Artzt in 1498, but they had no children.
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