Agostino Chigi - banker and arts patron

Nobleman from Siena became one of Europe’s richest men

A Roman coin bearing the image of Agostino Chigi,
who was one of the 16th century's richest bankers

The banker Agostino Chigi, who was a major sponsor of artists during the Renaissance, was born on this day in 1466 in Siena.

At its height, Chigi’s banking house in Rome was the biggest financial institution in Europe, employing up to 20,000 people, with branches throughout Italy and abroad, as far apart as London and Cairo.

Chigi invested a good deal of his wealth in supporting the arts, notably providing financial backing to almost all the main figures of the early 16th century, including Perugino, Sebastiano del Piombo, Giovanni da Udine, Giulio Romano, Il Sodoma (Giovanni Bazzi) and Raphael.

Perugino painted The Chigi Altarpiece, dated at around 1506-1507, which hangs in the Chigi family chapel in the church of Sant'Agostino in Siena. 

Chigi’s significant legacy to Rome was to have built a chapel in the church of Santa Maria della Pace, another - his mortuary chapel, the Chigi Chapel - in the church of Santa Maria del Popolo, and the superb suburban villa in Trastevere, on the banks of the Tiber, which since 1579 has been known as the Villa Farnesina. 

The altarpiece painted by Perugino
for Agostino Chigi in Siena

Agostino Chigi was the son of the prominent Sienese banker Mariano Chigi, from an ancient and illustrious Tuscan family. He moved to Rome around 1487, taking with him a rich fund of capital.

He grew the wealth of his own bank by lending considerable sums to Pope Alexander VI and others, and by diversifying from regular banking practice by buying monopoly control of salt mining in the Papal States and the Kingdom of Naples, as well as that of alum, a mineral used in the textile industry.

After the death of the Borgia pope Alexander VI and his short-lived Sienese successor Pius III Piccolomini, Chigi helped Pope Julius II, in return for which he became treasurer and notary of the Apostolic Camera.  Agostino even accompanied Julius in the field in his military campaigns and went to Venice on his behalf to buy Venetian support for the papal forces in the War of the League of Cambrai.

Work began on his magnificent palace in Trastevere in 1506. Chigi took the unusual step of commissioning an untried pupil of Bramante, Baldassare Peruzzi, to design and oversee the construction of the villa, although he may have been helped Giuliano da Sangallo, the favored architect of Lorenzo de' Medici.

Raphael's fresco The Triumph of Galatea.
in the loggia at the Villa Farnesina

His design differed from that of the typical urban palazzo, which tended to be rectangular, with an enclosed courtyard. This villa, intended as an airy summer pavilion, had a U-shaped plan with a five-bay loggia between the arms, facing north, which was the main entrance.

The best known element of the sumptuous decorations are Raphael's frescoes on the ground floor, both in the loggia depicting the classical and secular myths of Cupid and Psyche, and in the east-facing loggia, depicting The Triumph of Galatea. 

This was a mythological scene from an intended series inspired by the Stanze per la giostra of the Florentine poet Angelo Poliziano. It shows the near-naked sea nymph Galatea on a shell-shaped chariot drawn by two dolphins, surrounded by other sea creatures.

It has been noted that Raphael’s Galatea bore similarities to the courtesan, Imperia Cognati, who was Agostino Chigi's lover and is said to have posed for Raphael on more than one occasion. The art historian and Raphael's near-contemporary, Giorgio Vasari, noted, however, that Raphael had said that Galatea was the product of his imagination, an idealised beauty.

It was at this villa that Chigi held sumptuous banquets. He was recognised as the richest man in Rome but was said to have affected a contempt of money by throwing silver dishes into the Tiber at the end of the parties, although it is thought his servants were on hand to collect them in nets draped under the windows.

The villa was called the Viridario in Chigi's time. It became the property of the Farnese family in 1577, more than a half-century after his death.

The Palazzo Chigi, the current official residence of Italian prime ministers, was bought by Fabio Chigi, related to Agostino as a descendent of his father’s brother, shortly after he became Pope Alexander VII in 1655.

The northern aspect of the Villa Farnesina, which was
Agostino Chigi's summer palace in Rome

Travel tip:

The Villa Farnesina can be found on Via della Lungara in the Trastevere district of Rome.  After the Farnese family, the villa belonged to the Bourbons of Naples and in 1861 to the Spanish Ambassador in Rome, Bermudez de Castro, Duke of Ripalta. Today, it is owned by the Italian State and accommodates the Accademia dei Lincei, a long-standing academy of sciences. The main rooms of the villa, including the Loggia, are open to visitors from 9am to 2pm on Monday to Saturday, and on every second Sunday of the month from 9am to 5pm. For more details, visit http://www.villafarnesina.it

The Palazzo Chigi in Rome was built originally for the
Aldobrandini family before passing to the Chigi family in 1659

Travel tip:

The 16th-century Palazzo Chigi, which overlooks the Piazza Colonna and the Via del Corso in Rome, was begun in 1562 by Giacomo della Porta and completed by Carlo Maderno in 1580 for the Aldobrandini family. It was in the ownership of the Chigi family, who had it remodelled by Felice della Greca and Giovan Battista Contini, from 1659 until the 19th century. It became the residence of the Austro-Hungarian Ambassador to Italy in 1878 before being bought by the Italian state in 1916, when it became the home of the Minister for Colonial Affairs. Later it was the official residence of the Italian Minister of Foreign Affairs and in 1961 became the official meeting place of Council of Ministers, whose president is the head of the Italian government - the prime minister - and can now use the palace as his official residence.


More reading:

Raphael: The precocious genius from Urbino

How the courtesan Imperia Cognati became a 16th century celebrity

Pope Alexander VI - the scheming Borgia pope

Also on this day:

1463: The birth of antiquities collector Andrea della Valle

1797: The birth of composer Donizetti

1850: The birth of Agostino Richelmy, the cardinal who fought with Garibaldi

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Lorenzo di Pierfrancesco de’ Medici - politician

Art enthusiast who was Botticelli’s major patron

Botticelli's 1479 Portrait of a Young Man,
is thought to be Lorenzo di Pierfrancesco

The Florentine banker and politician Lorenzo di Pierfrancesco de’ Medici, who was a significant figure in Renaissance art as the main sponsor and patron of the painter Sandro Botticelli, was born on this day in 1463.

The great-grandson of Giovanni di Bicci de’ Medici, the founder of the Medici bank, Lorenzo di Pierfrancesco belonged to the junior, sometimes known as ‘Popolani’ branch of the House of Medici.

In 1476, when he and his brother, Giovanni, were still boys, their father, Pierfrancesco de’ Medici the Elder, died. They became wards, effectively, of their cousin, Lorenzo il Magnifico - Lorenzo the Magnificent - a member of the senior branch of the family and the effective ruler of Florence.

Relations between the two branches had been tense for some years and were not helped when Lorenzo di Pierfrancesco discovered, on becoming an adult, that Lorenzo had plundered a considerable sum from he and his brother’s joint inheritance in order to stave off a threatened bankruptcy of the family’s financial empire.

Although Lorenzo had provided the boys with the best education money could buy - the notable Florentine Renaissance humanists Marsilio Ficino, Angelo Poliziano and Giorgio Antonio Vespucci (uncle of Amerigo) were among their tutors - and given them a number of properties in compensation, the incident created a lingering bitterness.

Meanwhile, thanks to the curiosities stirred by the education he received, Lorenzo di Pierfrancesco developed a reputation as an art connoisseur. In around 1485, he commissioned an illuminated manuscript of Dante's Divine Comedy featuring artwork by Botticelli, to whom he had been introduced by the Vespucci family, who were neighbours of the Botticellis in Florence.

Botticelli's Primavera is thought to have been commissioned
to celebrate Lorenzo di Pierfrancesco's marriage

Two of Sandro Botticelli’s most famous works may have been commissioned to celebrate the marriage that Lorenzo il Magnifico arranged between Lorenzo di Pierfrancesco and Semiramide Appiano, daughter of the Appiani lord Jacopo III of Piombino.

It is thought that Lorenzo il Magnifico commissioned Botticelli's Pallas Athene Taming a Centaur as a wedding gift to the new couple, while either Lorenzo il Magnifico or Lorenzo di Pierfrancesco himself had Botticelli paint his allegorical work Primavera as a celebration, with Mercury representing Lorenzo di Pierfrancesco and Semiramide by the central figure of Grace.

After the wedding, both paintings were displayed on the walls of Lorenzo di Pierfrancesco’s villa in the centre of Florence. Some accounts suggest that he also commissioned Botticelli's best known work, The Birth of Venus, one of the most famous paintings of the Renaissance by any artist.

The tension that still existed between him and Lorenzo il Magnifico came to a head in October 1484, when his cousin, determined to protect the primacy of the senior branch of the Medici family, had Lorenzo di Pierfrancesco's name removed from the lists of persons eligible for election to the Florentine political institutions.

Angelo Bronzino's portrait of the Florentine
leader Lorenzo il Magnifico

A settlement was agreed in 1485 by which Lorenzo di Pierfrancesco and his brother were given the Medici family property of Villa Cafaggiolo in the Mugello region. Lorenzo di Pierfrancesco was unhappy, though, at having to shelve his political ambitions.

When Lorenzo il Magnifico died in 1492, Lorenzo and Giovanni sided against il Magnifico's son, Piero. They were exiled as a result but returned when King Charles VIII of France invaded Italy and Piero was ousted from Florence by a Republican government.

The nickname Popolano - meaning ‘of the people’ - was coined for the brothers and Lorenzo di Pierfrancesco became a popular figure in the new administration. He extended his patronage of the arts to protect Botticelli, Michelangelo, Filippino Lippi and Bartolomeo Scala, and in 1494 he founded a workshop of ceramics at Cafaggiolo.

He was pushed out when the hellfire preacher Girolamo Savonarola swept to power in 1494 with his denunciation of clerical corruption, despotic rule and the exploitation of the poor, yet refused to return even after the controversial Dominican friar was burned at the stake in the main square of the city in 1498.

Lorenzo di Pierfrancesco died in Florence in 1503, aged only 39. Years later, his grandson Lorenzino de' Medici murdered Alessandro de' Medici, the last ruler of Florence from the senior branch of the Medici, thereby passing power to Lorenzo's great-grandson Cosimo I de' Medici.

The Villa del Trebbio, which Cosimo de' Medici turned
into a fortified castle

Travel tip:

One of the properties owned by Lorenzo di Pierfrancesco was the Villa del Trebbio, which he inherited from his grandfather Lorenzo the Elder.  Located near San Piero a Sieve in the Mugello region, the area from which the Medici family originated, it was possibly the first of the Medici villas built outside Florence, on top of a hill dominating the Val di Sieve. It had earlier belonged to Giovanni di Bicci de' Medici, the founder of the Medici bank, and was remodelled by his son, Cosimo de' Medici, whose architect, Michelozzo, restyled it as a fortified castle.

The Piazzale between the two wings of the Uffizi, which links
Piazza della Signoria with the Arno river

Travel tip:

Primavera, Pallas Athene Taming a Centaur and The Birth of Venus are among a number of Botticelli paintings displayed in the Uffizi Gallery in Florence, which is one of the largest and best known art museums in the world. Its collection of priceless works, particularly from the period of the Italian Renaissance, owes much to Anna Maria Luisa de' Medici, the last Medici heiress, who bequeathed the family’s entire art collection to the city of Florence. The Uffizi was open to visitors by request as early as the 16th century, and in 1765 it was officially opened to the public.

More reading:

Why Lorenzo the Magnificent was seen as a benign despot

Cosimo de' Medici  - the first Medici ruler of Florence

How Sandro Botticelli's paintings became forgotten works of genius

Also on this day:

1521: The birth of Pope Urban VII

1994: The death of politician Giovanni Spadolini

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Lorenzo the Magnificent - Renaissance ruler

Patron of the arts who sponsored Michelangelo and Botticelli

A portrait of Lorenzo the Magnificent by the
Florentine artist Agnolo Bronzino

Lorenzo de’ Medici, the ruler of Florence usually known as Lorenzo the Magnificent, died on this day in 1492 in the Medici villa at Careggi, just to the north of the city.

He was only 43 and is thought to have developed gangrene as a result of an inherited genetic condition.  He had survived an assassination attempt 14 years earlier in what became known as the Pazzi Conspiracy, in which his brother, Giuliano, was killed.

The grandson of Cosimo de’ Medici, Lorenzo was a strict ruler but history has judged him as a benevolent despot, whose reign coincided with a period of stability and peace in relations between the Italian states.

He helped maintain the Peace of Lodi, a treaty agreed in 1454 between Milan, Naples and Florence which was signed by his grandfather.

However, he is most remembered as an enthusiastic patron of Renaissance culture, providing support for poets, scholars and artists, notably Michelangelo and Botticelli.

He contributed more than anyone to the flowering of Florentine genius during the second half of the 15th century. Respected himself for his poetry, he held lavish parties for his artistic friends at the Careggi villa and was the protector of artists such as Giuliano da Sangallo, Botticelli, Andrea del Verrocchio, and Verrocchio’s pupil Leonardo da Vinci.

A young Lorenzo as he appeared in
Botticelli's Adoration of the Magi

Lorenzo opened a school of sculpture, at which he noticed the great talent of a 15-year-old pupil called Michelangelo Buonarroti, whom he took under his wing and brought up like a son.

Sandro Botticelli repaid his patronage by using Medici family members as models in some of his most famous religious paintings. In his Madonna of the Magnificat, for example, one of the figures is Lorenzo, while the Madonna is his mother, Lucrezia Tornabuoni. Lorenzo also appears in Botticelli’s Adoration of the Magi, while Mars in his Mars and Venus is Lorenzo’s brother, Giuliano.

In addition to his patronage of artists, Lorenzo also expanded the collection of books begun by Cosimo, which became the Medici Library. He retrieved large numbers of classical works from the East, which he had copied and shared with other countries across Europe. He also supported philosophers such as Marsilio Ficino, Poliziano and Giovanni Pico della Mirandola.

Although the assets of the Medici bank were diminished during Lorenzo’s rule, partly through the family focussing more on power than the actual source of their power, i.e. money, they were still not short of jealous rivals and the Pazzi family fell into this category.

With the support of Pope Sixtus IV, Francesco Pazzi conspired with Girolamo Riario, the Lord of Imola, and Francesco Salviati, the archbishop of Pisa, to attack Lorenzo and Giuliano, who were joint rulers of Florence at the time, during High Mass at the Duomo.

The goal was to kill both and seize power, but while Giuliano was being stabbed to death Lorenzo escaped into the sacristy, where he hid from the assassins. The coup d’état therefore failed and it is estimated that around 80 people, either conspirators or their associates, were captured and executed in the months that followed.

Controversially, it was Lorenzo de’ Medici, taking advice from his friend, Giovanni Pico della Mirandola, who was responsible for the return to Florence of the firebrand priest Girolamo Savonarola, who had left his position at the Convent of San Marco some years earlier after proposing sweeping reforms to the Catholic Church.  Savonarola’s preaching, in which he railed against despotic rulers and the exploitation of the poor, and persuaded people that works of art and literature were sinful and should be destroyed, would eventually provoke the overthrowing of the Medici family.

The Palazzo Pitti was acquired by the Medici family
from the Florentine banker Luca Pitti

Travel tip:

Florence has a wealth of preserved antiquity, but one of the finest examples of true Renaissance architecture is the Palazzo Pitti - the Pitti Palace - which was originally commissioned in 1458 as a house for the Florentine banker Luca Pitti, a friend and supporter of Cosimo de’ Medici. Designed by Luca Fancelli, a pupil of Filippo Brunelleschi, it is characterised by a strong, symmetrical structure, wide arches and rusticated stone pillars and walls. It was later sold to Eleonora di Toledo, wife of Cosimo I de Medici (not to be confused with Cosimo de’ Medici, who came from a different branch of the family) , and remained in the Medici family for centuries. Today it houses the biggest museum in Florence and a number of art galleries, and looks out across the Boboli Gardens, created on land Eleonora bought from the wealthy Boboli family.

The Villa Careggi, where Lorenzo died in 1492

Travel tip:

In common with his grandfather, Cosimo, Lorenzo died at the Villa Careggi, originally a working farm acquired in 1417 by Cosimo’s father to make his family self-sufficient. Cosimo employed the architect Michelozzo to remodel it around a central courtyard overlooked by loggias. Lorenzo extended the terraced garden and the shaded woodland area. Careggi, which is not far from Florence’s airport, is nowadays a suburb of the city, about 8km (5 miles) northwest of the centre.

More reading:

Cosimo de' Medici - founder of the Medici banking dynasty

Girolamo Riario - the papal military leader murdered after failed Pazzi plot

The rival in the court of Lorenzo who broke Michelangelo's nose

Also on this day:

1848: The death of the composer Gaetano Donizetti

1868: The birth of equestrian pioneer Federico Caprilli, who revolutionised jumping technique


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