WORLD HISTORY

Detailed explanation-1: -Cosimo de’ Medici (1519–74), great-great-grandson of Lorenzo, became duke of Florence, then grand duke of Tuscany (1569), and reigned as Cosimo I. He established a new dynasty that perpetuated the family’s traditional regard for the arts and sciences.

Detailed explanation-2: -Cosimo de’ Medici is known for being the founder of one of the main lines of the Medici family that ruled Florence from 1434 to 1537. He was a patron of the arts and humanism and played an important role in the Italian Renaissance.

Detailed explanation-3: -The Medici, an art-loving family of wealthy bankers (and three popes), helped fund the Renaissance. They regularly hosted artists and commissioned art for their palace and their family tomb-the Medici Chapel-a masterpiece by Michelangelo.

Detailed explanation-4: -The Medici family is one of the most powerful and influential groups in European history. They innovated new banking systems and laid the groundwork to make Florence a cultural hotspot. Through their political strategy and patronage of major artists like Michelangelo, they created the High Renaissance.

Detailed explanation-5: -The Medici family became the bankers of the Christian Pope especially during the times of the two Medici Popes, Pope Leo X and Pope Clement VII. The presentday financial system of international banking is deeply inspired by the practices of the Medici Bank.

Detailed explanation-6: -The Medici family, also known as the House of Medici, first attained wealth and political power in Florence, Italy, in the 13th century through its success in commerce and banking.