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There are no references here. Where does this information come from? — Preceding unsigned comment added by 83.204.120.252 ( talk) 15:05, 10 July 2006 (UTC)
"Jakob also secured the right to sell papal indulgences, which increase his already vast fortune tenfold. Misuse of this system angered the Augsburgers so much that Martin Luther in 1517 formed the protestant reformation in the same city."
Luther began the Reformation in the Saxon city of Wittenberg, not in the Swabian city of Augsburg. I have removed the last sentence as being factually incorrect. -- Iacobus 05:48, 22 January 2007 (UTC)
"At their peak the Fugger family had amassed a fortune of 5,100,000 guilders citation needed – a greater sum than the combined value of all 30 companies listed on today’s DAX, the German Stock Exchange index. citation needed" -- Richard Arthur Norton (1958- ) ( talk) 21:59, 12 August 2008 (UTC)
http://online.wsj.com/article/SB123025158419834413.html?mod=yhoofront
This article has been quoted in the current version without credit. —Preceding unsigned comment added by 75.176.61.164 ( talk) 23:58, 26 December 2008 (UTC)
In this article it states that His father was Hans fugger, but i think it was the first jakob fugger, jakob fugger the elder.
Some quote's from http://en.wikipedia.org/wiki/Fugger:
The first reference to the Fugger family in the Swabian Free City of Augsburg is the arrival of Hans Fugger recorded in the tax register of 1357.
Hans Fugger's younger son, Jakob the Elder, founded another branch of the family, ... He died in 1469. ... Jakob's eldest son, Ulrich ... Ulrich's youngest brother Jakob Fugger...as born in 1459...Jakob died in 1525.
Ergo it went Hans, Jakob (elder), Jakob (rich).
Whereas on the page http://en.wikipedia.org/wiki/Jakob_Fugger it is written:
Jacob Fugger (German: Jakob Fugger; 6 March 1459 – 30 December 1525) ... He was the son of Hans Fugger,
So this is contradictory.
All this information from wikipedia articles. —Preceding unsigned comment added by 124.150.95.121 ( talk) 05:59, 2 May 2009 (UTC)
Hello fellow Wikipedians,
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Cheers.— InternetArchiveBot ( Report bug) 17:20, 3 December 2017 (UTC)
Hello fellow Wikipedians,
I have just modified one external link on Jakob Fugger. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
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I have removed the claim that Fugger's wealth was 400 billion US dollars allowing for inflation. This is in fact quite a lot more than the total wealth in Europe at the time of Fugger's life.
Fugger's wealth was approximately 300 _million_ US dollars allowing for inflation. The 400 billion figure was arrived at using the formula Fugger_wealth / nominalEuropeGDP1521 * nominalEuropeGDP2018: given that the European economy has grown a lot in the last 500 years, this is not the same as measuring Fugger's wealth in modern US dollars allowing for inflation.
This methodology appears to have arisen from a 2009 Forbes article, which has lead to ridiculous claims such as the wealth of William the Conqueror being over 200 billion USD. Bit by bit I am trying to purge Wikipedia of these erroneous statistics and I hope you'll join me in this effort. Ordinary Person ( talk) 14:43, 23 October 2021 (UTC)
A various mangle of sources and WP:OR have been used to purport on this page that Jakob Fugger had a net worth, in today's terms, of between $300-400B, and that this was 2% of the European economy, either based on that as a ratio of the current GDP of Europe, or an arbitrary claim of it being of the historical GDP of Europe as per the bad source.
The $300-400B figures are about 2% of the current European economy (GDP), but that's irrelevant, because the figures are blatantly wrong.
The GDP of Europe in the era was far smaller than $300-400B. GDP per capita of Europe at this time was around $1250 in 1990 USD, or around $3000 in 2022 USD. Population of Europe was around 65 million in 1525, the year of Fugger's death. This means the entire GDP of Europe at the time was approximately $195B.
The fact that the source is incorrect is apparent beyond doubt, an opinion article with nothing backing it's claims is not a quality source, and the proliferation of wildly inaccurate claims of historical figure's wealth needs to stop. Apocalyte ( talk) 14:08, 13 October 2022 (UTC)
"Our concern within Wikipedia is about cherrypicking from within a source or closely-related multiple sources, and an editor should be careful in handling that." - we have related sources here. Fountains of Bryn Mawr ( talk) 12:01, 18 June 2024 (UTC)
Hello User:Fountains of Bryn Mawr, I really want this issue resolved. I know that the $400 billion is 'in today's money'. It had to be, the dollar didn't exist at the time. But I, and two other editors before me, are telling you independently that regardless of popular belief (and I'll admit this myth seems to have become 'fact' by its prevalence, thanks to the obscurity of the subject making the miscalculation of Steinmetz the only authoritative source) there wasn't enough wealth in the world, let alone Europe for this to be true. Wikipedia editors aren't required to mindlessly regurgitate clearly wrong information just because a journalist wrote it in a book - we can use common sense and discretion. For what it's worth, this [ [1]] 2015 article quotes Steinmetz but does give Fugger's net worth at the time of his death as $300 million. Please, stop the edit warring or we'll eventually be in DRR. KeeperOfThePeace ( talk) 08:51, 4 July 2023 (UTC)
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There are no references here. Where does this information come from? — Preceding unsigned comment added by 83.204.120.252 ( talk) 15:05, 10 July 2006 (UTC)
"Jakob also secured the right to sell papal indulgences, which increase his already vast fortune tenfold. Misuse of this system angered the Augsburgers so much that Martin Luther in 1517 formed the protestant reformation in the same city."
Luther began the Reformation in the Saxon city of Wittenberg, not in the Swabian city of Augsburg. I have removed the last sentence as being factually incorrect. -- Iacobus 05:48, 22 January 2007 (UTC)
"At their peak the Fugger family had amassed a fortune of 5,100,000 guilders citation needed – a greater sum than the combined value of all 30 companies listed on today’s DAX, the German Stock Exchange index. citation needed" -- Richard Arthur Norton (1958- ) ( talk) 21:59, 12 August 2008 (UTC)
http://online.wsj.com/article/SB123025158419834413.html?mod=yhoofront
This article has been quoted in the current version without credit. —Preceding unsigned comment added by 75.176.61.164 ( talk) 23:58, 26 December 2008 (UTC)
In this article it states that His father was Hans fugger, but i think it was the first jakob fugger, jakob fugger the elder.
Some quote's from http://en.wikipedia.org/wiki/Fugger:
The first reference to the Fugger family in the Swabian Free City of Augsburg is the arrival of Hans Fugger recorded in the tax register of 1357.
Hans Fugger's younger son, Jakob the Elder, founded another branch of the family, ... He died in 1469. ... Jakob's eldest son, Ulrich ... Ulrich's youngest brother Jakob Fugger...as born in 1459...Jakob died in 1525.
Ergo it went Hans, Jakob (elder), Jakob (rich).
Whereas on the page http://en.wikipedia.org/wiki/Jakob_Fugger it is written:
Jacob Fugger (German: Jakob Fugger; 6 March 1459 – 30 December 1525) ... He was the son of Hans Fugger,
So this is contradictory.
All this information from wikipedia articles. —Preceding unsigned comment added by 124.150.95.121 ( talk) 05:59, 2 May 2009 (UTC)
Hello fellow Wikipedians,
I have just modified one external link on Jakob Fugger. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
This message was posted before February 2018.
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RfC before doing mass systematic removals. This message is updated dynamically through the template {{
source check}}
(last update: 5 June 2024).
Cheers.— InternetArchiveBot ( Report bug) 17:20, 3 December 2017 (UTC)
Hello fellow Wikipedians,
I have just modified one external link on Jakob Fugger. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
This message was posted before February 2018.
After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than
regular verification using the archive tool instructions below. Editors
have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the
RfC before doing mass systematic removals. This message is updated dynamically through the template {{
source check}}
(last update: 5 June 2024).
Cheers.— InternetArchiveBot ( Report bug) 17:55, 6 January 2018 (UTC)
I have removed the claim that Fugger's wealth was 400 billion US dollars allowing for inflation. This is in fact quite a lot more than the total wealth in Europe at the time of Fugger's life.
Fugger's wealth was approximately 300 _million_ US dollars allowing for inflation. The 400 billion figure was arrived at using the formula Fugger_wealth / nominalEuropeGDP1521 * nominalEuropeGDP2018: given that the European economy has grown a lot in the last 500 years, this is not the same as measuring Fugger's wealth in modern US dollars allowing for inflation.
This methodology appears to have arisen from a 2009 Forbes article, which has lead to ridiculous claims such as the wealth of William the Conqueror being over 200 billion USD. Bit by bit I am trying to purge Wikipedia of these erroneous statistics and I hope you'll join me in this effort. Ordinary Person ( talk) 14:43, 23 October 2021 (UTC)
A various mangle of sources and WP:OR have been used to purport on this page that Jakob Fugger had a net worth, in today's terms, of between $300-400B, and that this was 2% of the European economy, either based on that as a ratio of the current GDP of Europe, or an arbitrary claim of it being of the historical GDP of Europe as per the bad source.
The $300-400B figures are about 2% of the current European economy (GDP), but that's irrelevant, because the figures are blatantly wrong.
The GDP of Europe in the era was far smaller than $300-400B. GDP per capita of Europe at this time was around $1250 in 1990 USD, or around $3000 in 2022 USD. Population of Europe was around 65 million in 1525, the year of Fugger's death. This means the entire GDP of Europe at the time was approximately $195B.
The fact that the source is incorrect is apparent beyond doubt, an opinion article with nothing backing it's claims is not a quality source, and the proliferation of wildly inaccurate claims of historical figure's wealth needs to stop. Apocalyte ( talk) 14:08, 13 October 2022 (UTC)
"Our concern within Wikipedia is about cherrypicking from within a source or closely-related multiple sources, and an editor should be careful in handling that." - we have related sources here. Fountains of Bryn Mawr ( talk) 12:01, 18 June 2024 (UTC)
Hello User:Fountains of Bryn Mawr, I really want this issue resolved. I know that the $400 billion is 'in today's money'. It had to be, the dollar didn't exist at the time. But I, and two other editors before me, are telling you independently that regardless of popular belief (and I'll admit this myth seems to have become 'fact' by its prevalence, thanks to the obscurity of the subject making the miscalculation of Steinmetz the only authoritative source) there wasn't enough wealth in the world, let alone Europe for this to be true. Wikipedia editors aren't required to mindlessly regurgitate clearly wrong information just because a journalist wrote it in a book - we can use common sense and discretion. For what it's worth, this [ [1]] 2015 article quotes Steinmetz but does give Fugger's net worth at the time of his death as $300 million. Please, stop the edit warring or we'll eventually be in DRR. KeeperOfThePeace ( talk) 08:51, 4 July 2023 (UTC)