Part 7/8:
Fugger's wealth was primarily generated through manipulation and control. His reputation shifted from that of a savvy entrepreneur to one associated with greed and corruption, particularly after Luther's criticisms resonated with the disenfranchised populace. Despite this negative perception, Fugger's legacy morphed over the years—shaping both financial practices and the political landscape of Europe.
Contributions to Society: The Fugger Foundation
Interestingly, alongside his relentless pursuit of wealth, Fugger also sought to give back to society. He established the Fugger apartments, a charitable housing project for the poor, rooted in his strong Catholic beliefs. This act of philanthropy served dual purposes—honoring his family legacy and potentially ensuring his salvation.