Medici's Move to Florence

While many of us know about the Medici family, it is important to look at the very beginning of this family's success in Italy in order to understand the rest of their history. Giovanni de Medici moved from Rome to Florence in 1397 to establish another branch of the Medici Bank. There were already many branches of the Medici Bank not only all over Italy, but also all over Europe. Thus, Giovanni was already a very successful man, giving the Medici name a solid foundation for its future endevours. Given this information, one can see how the Medici family was set up for success in the textile indusrty and the world of international finance starting in the 1420s. 

Associated Place(s)

Event date:

1397