The Italian noble family de' Medici (Mediceans) from Florence had its origins in merchants and bankers. They rose through skilful tactics and brutal intrigue from a wealthy but insignificant family to become one of the most influential Italian dynasties of the 15th and 16th centuries. Florence, under the Medici, became the centre of medieval European trade and finance and one of the most prosperous cities of the time. It is considered the cradle of the Renaissance. Inseparably linked with Tuscan history, the family promoted art, science and viticulture. Lorenzo I (1449-1492), known as "El Magnifico" (the Magnificent), is considered the founder of the ruling dynasty. He led the city to its highest economic and cultural prosperity. From the beginning of the 16th century Tuscany was united and in 1569 under Cosimo III. (1642-1723), it was elevated to a grand duchy by Pope Pius V (1504-1572).
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Roman Horvath MW
Domäne Wachau (Wachau)