Hochstetter family (original) (raw)

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Höchstetter ist der Name eines Patriziergeschlechts aus Augsburg. Die Familie wurde 1518 in den Reichsadelsstand erhoben.

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dbo:abstract Höchstetter ist der Name eines Patriziergeschlechts aus Augsburg. Die Familie wurde 1518 in den Reichsadelsstand erhoben. (de) The family of Höchstetter (also rendered Hechstetter or Hochstetter), from Höchstädt in western Bavaria near the banks of the Danube, were members of the fifteenth and sixteenth-century mercantile patriciate of Augsburg. For a time, these international mercantile bankers and venture capitalists – whose most notorious member was Ambrosius Höchstetter (1463–1534) – were on a par with the Fugger and the Welser houses. Like other Augsburg bankers, they provided loans to Emperor Maximilian I (reigned 1508–1519). The accumulating wealth of Augsburg relied on control of metal ores – the gold, silver, and copper of Bohemia, Slovakia, Hungary, and the Tyrol – and their refining and marketing. The Hochstetter company drew upon investments as small as a few florins, but the total invested with him required Ambrosius Höchstetter to pay out up to a million florins a year in interest. He successfully cornered, for brief periods, local markets in ash timber, grain, and certain wines. Grain hoarding is never a popular practice, and Ambrosius was accused of adulterating the spices in which he traded. His son and son-in-law lost spectacular sums in gambling. Then, Ambrosius Höchstetter tried to engross the whole quicksilver stock in a cartel in 1529; this failed attempt to corner the market led to his bankruptcy (1529) for 800,000 gulden, for which he would die in prison. Rising prices bring out a hidden supply, and the size of the required investment had become too large for even the greatest merchant-banking house to monopolize, as the Fuggers discovered with their attempt on the copper market. Figures representing the enormous profits of the Hochstetter at their height became public after a certain Bartholomew Rhein invested 900 gulden in the Hochstetter company in 1511; by 1517, he claimed a profit of 33,000 gulden. The company was willing to settle at 26,000, and the resulting litigation caused the figures to become public. A commission of the Reichstag held at Nuremberg in 1522–1523 found, in part, that "These rich Companies, even one of them, do in the year compass much more undoing to the Commonweal than all other robbers and thieves in that they and their servants give public display of luxuriousness, pomp and prodigal wealth, of which there is no small proof in that Bartholomew Rhein did win, in so short a time and with so little stock of trade, such notable riches in the Hochstetter Company — as hath openly appeared in the justifying before the City Court at Augsburg and at the Reichstag but lately held at Worms." The house of Höchstetter itself did not go under. In 1526, Sir Richard Gresham, when detained at Neuport, sent a letter with Joachim Höchstetter to Cardinal Wolsey, characterising Höchstetter as one of the richest and most influential merchants of Germany and a great exporter of wheat to London. The Höchstetter were also involved in the Elizabethan copper-mining venture, the Society of Mines Royal. Richard Ehrenberg describes the sixteenth-century economic activities in which the Hochstetter participated in a classic work, Das Zeitalter der Fugger: Geldkapital und Kreditverkehr im 16. Jahrhundert ("The Age of the Fuggers: Capital and the Credit Market in the Sixteenth Century") Jena, 1896. The Höchstetter were ennobled by Imperial patent, 1518, as Höchstetter von Burgwalden. (en) Gli Höchstetter, anche Hechstetter o Hochstetter, di Höchstädt an der Donau (Baviera occidentale), vicino alle rive del Danubio, erano membri del patriziato mercantile di Augusta nel XV e XVI secolo. Nei primi decenni del Cinquecento, questi banchieri-mercanti e capitalisti ad alto rischio attivi a livello internazionale, il cui membro più famoso fu Ambrosius I Höchstetter (1463–1534), furono alla pari con le celebri case Fugger e Welser. Come altri banchieri di Augusta, gli Höchstetter prestarono denaro all'imperatore Massimiliano I d'Asburgo (regno 1508-1519). (it) 霍赫施泰特家族(德語:Höchstetter)文艺复兴时期欧洲著名家族之一。他们在奥格斯堡开办有一家重要的银行,在其家族首领于1529年垄断水银市场的企图失败后,该家族宣告破产。 (zh)
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rdf:type owl:Thing
rdfs:comment Höchstetter ist der Name eines Patriziergeschlechts aus Augsburg. Die Familie wurde 1518 in den Reichsadelsstand erhoben. (de) Gli Höchstetter, anche Hechstetter o Hochstetter, di Höchstädt an der Donau (Baviera occidentale), vicino alle rive del Danubio, erano membri del patriziato mercantile di Augusta nel XV e XVI secolo. Nei primi decenni del Cinquecento, questi banchieri-mercanti e capitalisti ad alto rischio attivi a livello internazionale, il cui membro più famoso fu Ambrosius I Höchstetter (1463–1534), furono alla pari con le celebri case Fugger e Welser. Come altri banchieri di Augusta, gli Höchstetter prestarono denaro all'imperatore Massimiliano I d'Asburgo (regno 1508-1519). (it) 霍赫施泰特家族(德語:Höchstetter)文艺复兴时期欧洲著名家族之一。他们在奥格斯堡开办有一家重要的银行,在其家族首领于1529年垄断水银市场的企图失败后,该家族宣告破产。 (zh) The family of Höchstetter (also rendered Hechstetter or Hochstetter), from Höchstädt in western Bavaria near the banks of the Danube, were members of the fifteenth and sixteenth-century mercantile patriciate of Augsburg. For a time, these international mercantile bankers and venture capitalists – whose most notorious member was Ambrosius Höchstetter (1463–1534) – were on a par with the Fugger and the Welser houses. Like other Augsburg bankers, they provided loans to Emperor Maximilian I (reigned 1508–1519). The Höchstetter were ennobled by Imperial patent, 1518, as Höchstetter von Burgwalden. (en)
rdfs:label Höchstetter (Patrizier) (de) Hochstetter family (en) Hochstetter (it) 霍赫施泰特家族 (zh)
rdfs:seeAlso dbr:Ferdinand_von_Hochstetter
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