Long before Warren Buffett, Bill Gates or John D. Rockefeller, there was Jakob Fugger. Born in Augsburg, Germany in 1459 to a well-heeled merchant family, Fugger emerged as one of history's most ...

Jakob Fugger cancels the debts of Spanish king Charles V in this 1866 portrait by Karl Becker. ... The Fugger family of Augsburg and their story is something that we can take solace in.