Welser

Last updated
Coat of arms of Welser family Coat of arms of Welser family.svg
Coat of arms of Welser family
16th-century woodcut of the Welser coat of arms by Jost Amman Wappen der Familie Welser.png
16th-century woodcut of the Welser coat of arms by Jost Amman

Welser was a German banking and merchant family, originally a patrician family from Augsburg, that rose to great prominence in international high finance in the 16th century as bankers to the Habsburgs and financiers of Charles V, Holy Roman Emperor. Along with the Fugger family, the Welser family controlled large sectors of the European economy, and accumulated enormous wealth through trade and the German colonization of the Americas. The family received colonial rights of the Province of Venezuela from Charles V, who was also King of Spain, in 1528, becoming owners and rulers of the South American colony of Klein-Venedig (within modern Venezuela), but were deprived of their rule in 1546. Philippine Welser (1527–1580), famed for both her learning and her beauty, was married to Archduke Ferdinand, Emperor Ferdinand I's son. [1] [2]

Claiming descent from the Byzantine general Belisarius, the family is known since the 13th century. By the early Age of Discovery, the Welser family had established trading posts in Antwerp, Lyon, Madrid, Nuremberg, Sevilla, Lisbon, Venice, Rome and Santo Domingo. The Welsers financed not only the Emperor, but also other European monarchs. After the Reformation, both Welser and Fugger families remained in the Roman Catholic Church. [3]

History

Philippine Welser, wife of Ferdinand II, Archduke of Austria, portrait at Ambras Castle PhilippineWelser.jpg
Philippine Welser, wife of Ferdinand II, Archduke of Austria, portrait at Ambras Castle

The history of the family can be traced back to the 13th century, when its members held official positions in the city of Augsburg. Later, the family became widely known as prominent merchants. During the 15th century, when the brothers Bartholomew and Lucas Welser carried on an extensive trade with the Levant and elsewhere, they had branches in the principal trading centres of southern Germany and Italy, and also in Antwerp, London and Lisbon. [4] In the 15th and 16th centuries, branches of the family settled at Nuremberg and in Austria.

The business was continued by Antony (died 1518), a son of Lucas Welser. He was one of the first Germans to use the sea route to the East, which had been discovered by Vasco da Gama. [4]

The Venezuela purchase

Bartholomeus V. Welser, engraving by Georg Christoph Eimmart Bartholomaeus V Welser3.jpg
Bartholomeus V. Welser, engraving by Georg Christoph Eimmart
The Welser Armada exploring the Welser's colony Venezuela Musterung-Welser-Armada.png
The Welser Armada exploring the Welser's colony Venezuela
The galleon La Santa Trinidad, a ship that formed part of the expedition to Venezuela on behalf of the Welser family La-Santa-Trinidad.png
The galleon La Santa Trinidad, a ship that formed part of the expedition to Venezuela on behalf of the Welser family

Bartholomeus V. Welser lent the Emperor Charles V a great sum of money for which in 1528 he received as security the Province of Venezuela, developing it as Klein-Venedig (little Venice) but in consequence of their rapacious acts the Welsers were deprived of their rule before the Emperor's reign was over. His son, Bartholomeus VI. Welser, explored Venezuela and was executed by local Spanish Governor Juan de Carvajal in 1546.

Habsburg marriage

Bartholomäus's niece, Philippine (1527–80), daughter of Franz Welser, was renowned for her learning and beauty. She secretly married the Archduke Ferdinand, second son of the Emperor Ferdinand I. She was given the titles Baroness of Zinnenburg, Margravine of Burgau, Landgravine of Nellenburg and Countess of Oberhohenberg and Niederhohenberg. Their children were debarred from inheriting their father's rank as Archdukes of Austria; their son Margrave Andrew of Burgau became a cardinal and Charles, Margrave of Burgau became a noted general.

Other members

Another member of the Welser family, Markus Welser (1558–1614), was famed for his learning. He was a humanist, historian, publisher and from 1611 Bürgermeister of Augsburg.

Carl Wilhelm Welser von Neunhof (1663–1711) was a mayor of Nuremberg.

Branches and nobility

Bartholomeus V. Welser was ennobled by the Emperor in 1532. The Augsburg main line became extinct in 1797, the Nuremberg branch in 1878. The Ulm branch, which became Imperial Barons in 1713, still exists. [5] The Welsersche Familienstiftung, founded on 1 April 1539, still exists and has owned numerous castles in Germany. Following the extinction of the more senior lines of the family, the Ulm branch became administrators of the foundation.

Legacy

In Augsburg, a museum of Welser and Fugger history is planned (Fugger und Welser Erlebnismuseum). [6] [7]

Related Research Articles

Fugger family family of Augsburg

Fugger is a German upper bourgeois family that was historically a prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and venture capitalists. Alongside the Welser family, the Fugger family controlled much of the European economy in the sixteenth century and accumulated enormous wealth. The Fuggers held a near monopoly on the European copper market.

German colonization of the Americas Attempts at colonization

The German colonization of the Americas consisted of German Venezuela, St. Thomas and Crab Island in the 16th and 17th centuries.

Ferdinand II, Archduke of Austria Archduke of Further Austria

Ferdinand II, Archduke of Further Austria was ruler of Further Austria and since 1564 Imperial count of Tirol. The son of Ferdinand I, Holy Roman Emperor, he was married to Philippine Welser in his first marriage. In his second marriage to Anna Juliana Gonzaga, he was the father of Anna of Tyrol, future Holy Roman Empress.

Philipp von Hutten German explorer

Philipp von Hutten was a German adventurer, and an early European explorer of Venezuela. He is a significant figure in the history of Klein-Venedig, the concession of Venezuela Province to the Welser banking family by Charles V, Holy Roman Emperor and King of Spain.

Jakob Fugger German merchant, mining entrepreneur, and banker

Jakob Fuggerof the Lily, also known as Jakob Fuggerthe Rich or sometimes Jakob II, was a major German merchant, mining entrepreneur, and banker. He was a descendant of the Fugger merchant family located in the Free Imperial City of Augsburg, where he was born and later also elevated through marriage to Grand Burgher of Augsburg. Within a few decades he expanded the family firm to a business operating in all of Europe. He began his education at the age of 14 in Venice, which also remained his main residence until 1487. At the same time he was a cleric and held several prebendaries, even though he never lived in a monastery. Fugger is held to be one of the wealthiest individuals in modern history, alongside the early 20th century industrialists John D. Rockefeller and Andrew Carnegie.

Burgau Place in Bavaria, Germany

Burgau is a town in the district of Günzburg in Swabia, Bavaria. Burgau lies on the river Mindel, and has a population of just under 10,000.

Klein-Venedig 16th Century German colony

Klein-Venedig or Welserland was the most significant territory of the German colonization of the Americas, from 1528 to 1546, in which the Welser banking family of the Free Imperial City of Augsburg obtained colonial rights in the Province of Venezuela in return for debts owed by Emperor Charles V, who was also King of Spain. In 1528, Charles V gave the Welser a contract to explore, rule and colonize the area in his name with the primary motivation of searching for the legendary golden city of El Dorado. The venture was led at first by Ambrosius Ehinger, who founded Maracaibo in 1529. After the deaths of Ehinger (1533) and then his successor Georg von Speyer (1540), Philipp von Hutten continued exploration in the interior, and in his absence from the capital of the province the crown of Spain claimed the right to appoint the governor. On Hutten's return to the capital, Santa Ana de Coro, in 1546, the Spanish governor Juan de Carvajal had von Hutten and Bartholomeus VI. Welser executed. King Charles I revoked Welser's charter.

Bartholomeus V. Welser German banker

Prince Bartholomeus Welser was a German banker. In 1528 he signed an agreement with Charles V, emperor of the Holy Roman Empire, granting a concession in Venezuela Province, which became Klein-Venedig until the concession was revoked in 1546.

The family of Höchstetter from Höchstädt in western Bavaria near the banks of the Danube were members of the fifteenth and sixteenth-century mercantile patriciate of Augsburg.

Philippine Welser Morganatic wife of the Archduke of Austria

Philippine Welser was the morganatic wife of Ferdinand II, Archduke of Austria. She was granted the titles Baroness of Zinnenburg, Margravine of Burgau, Landgravine of Mellenburg and Countess of Oberhohenberg and Niederhohenberg.

Welser is a surname. Notable people with the surname include:

Katerina Lemmel German businesswoman

Katerina Lemmel, née Imhoff was a successful patrician businesswoman in Nuremberg who became a Birgittine nun at the monastery of Maria Mai in Maihingen in Nördlinger Ries. A collection of letters that she wrote from the monastery to her relatives in Nuremberg permits multifaceted insights into life in a late-medieval female monastery and into its system of spiritual economies.

Hans Fugger German businessman (1531-1598)

Hans Fuggervon der Lilie, full name Hans, Freiherr Fugger, Herr zu Kirchheim, Glött, Mickhausen, Stettenfels und Schmiechen, was a German arts patron, businessman and politician of the Fugger family.

Archduke Maximilian Ernest of Austria Austrian archduke (1683-1616)

Maximilian Ernest of Austria, was a German prince member of the House of Habsburg and by birth Archduke of Austria.

German Venezuelans

German Venezuelans are Venezuelan citizens who descend from Germans or German people with Venezuelan citizenship. Most of them live in Caracas, Maracaibo, Valencia, Colonia agrícola de Turén, El Jarillo, and Colonia Tovar where a small and reduced minority of people speak the Colonia Tovar dialect, a German-derived dialect from their ancestry, and the Spanish language.

Charles, Margrave of Burgau German nobleman

Charles, Margrave of Burgau, also known as Charles of Austria,, was the son of Archduke Ferdinand II of Austria and his first morganatic marriage to Philippine Welser. He was the brother of Andrew of Austria.

Bartholomeus VI. Welser was a member of the Welser banking family which had acquired the colonial rights to Venezuela Province in 1528, creating Klein-Venedig. He was the son of Bartholomeus V. Welser.

Mark Welser German politician and astronomer

Mark Welser (1558–1614) was a German banker, politician, and astronomer, who engaged in learned correspondence with European intellectuals of his time. Of particular note is his exchange with Galileo Galilei, regarding sunspots.

Tucher von Simmelsdorf German noble family

Tucher von Simmelsdorf ,Tucher, Tucerius, Ducher or Freiherren Tucher von Simmelsdorf is a noble German Catholic family, originating from Nürnberg and Simmelsdorf, both in Bavaria. They played an import part in the economic and cultural develmpoment of the city and other European cities. Most famous is the branch that moved to Antwerp in the 15th century.

Helene von Forster German author and womens rights activist

Helene von Forster was a German women's rights activist and author. She is considered the most important representative of the feminist movement's moderate "bourgois" wing in Nuremberg.

References

  1. F. Roth: "Welser." In: Allgemeine Deutsche Biographie (ADB). Vol. 41, Duncker & Humblot, Leipzig 1896, pp. 682–692.
  2. One or more of the preceding sentences incorporates text from a publication now in the public domain :  Gilman, D. C.; Peck, H. T.; Colby, F. M., eds. (1905). "Welser"  . New International Encyclopedia (1st ed.). New York: Dodd, Mead.
  3. https://cloudfront.escholarship.org/dist/prd/content/qt06t7z88k/qt06t7z88k.pdf?t=p5nne5&nosplash=53fa2684038b98f48caeece55add3610
  4. 1 2 Wikisource-logo.svg One or more of the preceding sentences incorporates text from a publication now in the public domain : Chisholm, Hugh, ed. (1911). "Welser". Encyclopædia Britannica . 28 (11th ed.). Cambridge University Press. p. 516.
  5. Chisholm 1911.
  6. http://fugger-und-welser-museum.byseum.de/de/home
  7. http://www.augsburger-allgemeine.de/augsburg/Museum-fuer-die-Fugger-und-Welser-id3469031.html

Literature