Jakob Fugger the Elder

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Jakob Fugger (1398 in Augsburg – 1469 in Augsburg) was a German master weaver, town councillor and merchant, as well as the founder of the Fugger dynasty. He was later known as Jakob Fugger the Elder to distinguish him from his son Jakob Fugger, who took over his father's company and oversaw its rise to be the largest and richest trading house in Europe.^[1]