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Papal Banking in Renaissance Rome - Benvenuto Olivieri and Paul III, 1534-1549 (Paperback)
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Papal Banking in Renaissance Rome - Benvenuto Olivieri and Paul III, 1534-1549 (Paperback)
Series: Studies in Banking and Financial History
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Benvenuto Olivieri was a Florentine banker active in Rome during
the first half of the sixteenth century. A self made man without
any great family patrimony, he rose to prominence during the
pontificate of Pope Paul III, becoming involved with a variety of
papal enterprises which allowed him to get to the heart of the
mechanisms governing the papal finances. Amassing a considerable
fortune along the way, Olivieri soon built himself a role as
co-ordinator of the appalti (revenue farms) and became one of the
most powerful players in the complex network that connected bankers
and the papal revenue. This book explores the indissoluble link
that had developed between the papacy and bankers, illuminating how
the Apostolic Chamber, increasingly in need of money, could not
meet its debts, without farming out the rights to future income.
Utilising documents from a rich corpus of unpublished sources in
Florence and Rome, Guidi Bruscoli unravels the web of financial
connections that bound together Florentine and Genoese bankers with
the papacy, and looks at how money was raised and the appalti
managed.
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