In Venice, for example, the Doge Andrea Vendramin (1476) with 170,000 ducats passed for an exceedingly rich man (Malipiero, l. c. vii. ii. p. 666. The confiscated fortune of Colleoni amounted to 216,000 florins, l. c. p. 244.
About 1460 the Patriarch of Aquileia, Ludovico Patavino, with 200,000 ducats, was called ‘perhaps the richest of all Italians.’ (Gasp. Veroneus Vita Pauli II., in Murat. iii. ii. col. 1027.) Elsewhere fabulous statements.
Antonio Grimani paid 30,000 ducats for his son’s election as Cardinal. His ready money alone was put at 100,000 ducats. (Chron. Venetum, Murat. xxiv. col. 125.)
For notices as to the grain in commerce and on the market at Venice, see in particular Malipiero, l. c. vii. ii. p. 709 sqq. Date 1498.
In 1522 it is no longer Venice, but Genoa, next to Rome, which ranks as the richest city in Italy (only credible on the authority of Francesco. Vettori. See his history in the Archiv. Stor. Append. tom. vi. p. 343). Bandello, parte ii. novello 34 and 42, names as the richest Genoese merchant of his time Ansaldo Grimaldi.
Between 1400 and 1580 Franc. Sansovino assumes a depreciation of 50 per cent. in the value of money. (Venezia, fol. 151 bis.)
In Lombardy it is believed that the relation between the price of corn about the middle of the fifteenth and that at the middle of the present century is as 3 to 8. (Sacco di Piacenza, in Archiv. Stor. Append. tom. v. Note of editor Scarabelli.)
At Ferrara there were people at the time of Duke Borso with 50,000 to 60,000 ducats (Diario Ferrarese, Murat. xxiv. col. 207, 214, 218; an extravagant statement, col. 187). In Florence the data are exceptional and do not justify a conclusion as to averages. Of this kind are the loans to foreign princes, in which the names of one or two houses only appear, but which were in fact the work of great companies. So too the enormous fines levied on defeated parties; we read, e.g. that from 1430 to 1453 seventy-seven families paid 4,875,000 gold florins (Varchi, iii. p. 115 sqq.), and that Giannozzo Mannetti alone, of whom we shall have occasion to speak hereafter, was forced to pay a sum of 135,000 gold florins, and was reduced thereby to beggary (Reumont, i. 157).
The fortune of Giovanni Medici amounted at his death (1428) to 179,221 gold florins, but the latter alone of his two sons Cosimo and Lorenzo left at his death (1440) as much as 235,137 (Fabroni, Laur. Med. Adnot. 2). Cosimo’s son Piero left (1469) 237,982 scudi (Reumont, Lorenzo de’ Medici, i. 286).
It is a proof of the general activity of trade that the forty-four goldsmiths on the Ponte Vecchio paid in the fourteenth century a rent of 800 florins to the Government (Vasari, ii. 114, Vita di Taddeo Gaddi). The diary of Buonaccorso Pitti (in Delécluze, Florence et ses Vicissitudes, vol. ii.) is full of figures, which, however, only prove in general the high price of commodities and the low value of money.