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The Influence Of Cosimo De Medici

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The Influence Of Cosimo De Medici
The Medici family controlled Florence throughout most of the Renaissance. In 1397 Giovanni de Medici established the Medici Bank, which quickly became the largest bank in Europe. He was a banker to the Papal Court, and a wealthy businessman who held many political offices. In 1429, Giovanni died, and left the business and fortune to his son Cosimo. Cosimo de’Medici was born September 27, 1389. At the age of 40, he took over the family business and fortune. Although he “clung to his position as a private citizen”¬¬ 1, it was well known that Cosimo “ruled the city of Florence from behind the scenes.” 1 The government of Florence seemed to be a democracy, but in reality, the Medici family had full control. Giovanni used his wealth “discretely
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