Welser
Encyclopedia
Welser is the surname
Surname
A surname is a name added to a given name and is part of a personal name. In many cases, a surname is a family name. Many dictionaries define "surname" as a synonym of "family name"...

 of an important German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

 banking and merchant
Merchant
A merchant is a businessperson who trades in commodities that were produced by others, in order to earn a profit.Merchants can be one of two types:# A wholesale merchant operates in the chain between producer and retail merchant...

 family
Family
In human context, a family is a group of people affiliated by consanguinity, affinity, or co-residence. In most societies it is the principal institution for the socialization of children...

, originally from Augsburg
Augsburg
Augsburg is a city in the south-west of Bavaria, Germany. It is a university town and home of the Regierungsbezirk Schwaben and the Bezirk Schwaben. Augsburg is an urban district and home to the institutions of the Landkreis Augsburg. It is, as of 2008, the third-largest city in Bavaria with a...

. Along with the Fugger
Fugger
The Fugger family was a historically prominent group of European bankers, members of the fifteenth and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and venture capitalists like the Welser and the Höchstetter families. This banking family replaced the de'...

 family, the Welser family controlled various sectors of the European economy, and accumulated enormous wealth
Wealth
Wealth is the abundance of valuable resources or material possessions. The word wealth is derived from the old English wela, which is from an Indo-European word stem...

 through trade
Trade
Trade is the transfer of ownership of goods and services from one person or entity to another. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and...

 and the German colonization of the Americas
German colonization of the Americas
The German colonization of the Americas consisted of failed attempts to settle Venezuela , St. Thomas, the Crab Island and Tertholen in the 16th and 17th centuries.-Klein-Venedig:...

.

Lineage

The history of the family can he traced back to the 13th century. Later its members became widely known as prominent merchants. In the 15th and 16th centuries, branches of the family settled at Nuremberg
Nuremberg
Nuremberg[p] is a city in the German state of Bavaria, in the administrative region of Middle Franconia. Situated on the Pegnitz river and the Rhine–Main–Danube Canal, it is located about north of Munich and is Franconia's largest city. The population is 505,664...

 and in Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

, respectively.

Members

Bartholomäus Welser lent the Emperor Charles V a great sum of money for which in 1528 he received as security the Province of Venezuela
Viceroyalty of New Granada
The Viceroyalty of New Granada was the name given on 27 May 1717, to a Spanish colonial jurisdiction in northern South America, corresponding mainly to modern Colombia, Ecuador, Panama, and Venezuela. The territory corresponding to Panama was incorporated later in 1739...

, but in consequence of their rapacious acts the Welsers were deprived of their rule before the Emperor's reign was over. Bartholomäus's niece, Philippine
Philippine Welser
Philippine Welser was the morganatic wife of Ferdinand II, Archduke of Austria. Her family, the Welsers of Augsburg, were merchants and financiers of European significance and great wealth.-Works:* De re coquinaria , handwriting ca. 1545, Castle Ambras near Innsbruck. Inv.No...

 (1527-80), daughter of Franz Welser, renowned for her learning and beauty, secretly married the Archduke Ferdinand
Ferdinand II, Archduke of Austria
Ferdinand II, Archduke of Further Austria was ruler of Further Austria including Tirol.-Life account:...

, second son of the Emperor Ferdinand I. Her children were debarred from inheriting their father's rank, but one of them became a cardinal and the other distinguished himself as a soldier and was created Margrave of Burgau. Another member of the Welser family, Markus (1558-1614), became famous for his learning.
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