Filippo Strozzi and the Medici

Book excerpt: Filippo Strozzi (1489-1538), the Florentine aristocrat and banker, is usually remembered for the dramatic exploits at the end of his life. Forced into exile, he became an outspoken defender of the last Florentine Republic against the tyranny of the city's new dukes. His place in Florentine history, however, changes drastically when we focus not on his final years but on his extensive career as a Medici favourite and loyal financier. At the courts of the Medici popes he furthered the grandiose schemes of Leo X and Clement VII and accumulated a personal fortune of legendary size. Dr Bullard's study reassesses Strozzi's place in Renaissance history and considers the more general problems of paper economy and war finance, and Florentine political life, in the early sixteenth century. It documents the intricate financial ties between Florence and the papal court, and Strozzi's key role as a manipulator of the city's public funds to pay for papal wars.