Bartholomeus V. Welser

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Bartholomeus Welser the Elder
Born	June 25, 1484 Memmingen, Holy Roman Empire
Died	March 28, 1561 (Age 77) Amberg, Duchy of Bavaria

Prince Bartholomeus Welser (25 June 1484 in Memmingen – 28 March 1561 in Amberg) was a German banker. In 1528 he signed an agreement with Charles V, emperor of the Holy Roman Empire, granting a concession in Venezuela Province, which became Klein-Venedig until the concession was revoked in 1546.

Biography

Welser was head of the German banking firm, Welser Brothers, and with his brother Antony claimed descent from the Byzantine general

In virtue of his contract, Welser armed a fleet, which sailed from

Welser did much to establish trade between the Netherlands, Germany, and South America. His enterprise has been commended by many writers, and is eulogized by Henri Ternaux-Compans in his collection, but it was detrimental to the interests of the banker, whose losses in his colonization schemes were estimated to reach the sum of 3,000,000 florins.

In 1889, Welser's banking house still existed, as did the old family mansion, which is one of the curiosities of the city of Augsburg.

See also

• Philipp von Hutten

Notes

References

• Herbermann, Charles, ed. (1913). "Bartholomeus Welser" . Catholic Encyclopedia. New York: Robert Appleton Company.

Attribution:

• This article incorporates text from a publication now in the public domain: Wilson, J. G.; Fiske, J., eds. (1889). "Welser, Bartholomeus" . Appletons' Cyclopædia of American Biography. New York: D. Appleton.