Tommaso Portinari
Banker, Deceased Person
1424 – 1501
Who was Tommaso Portinari?
Tommaso Portinari was an Italian banker for the Medici bank in Bruges. He was a member of a prominent Florentine family, coming from Portico di Romagna, near Forlì; that family had included Dante's muse, Beatrice Portinari. His father was a Medici branch manager, and after his death in 1421, Tommaso and his orphaned brothers were taken in and raised in the household of Còsimo de' Mèdici. Today he is mainly remembered for two significant commissions of Early Netherlandish paintings.
Portinari was an employee in the Bruges branch for a very long time, more than 25 years, but never rose higher than assistant manager and factor, apparently at the insistence of Còsimo de' Mèdici, who did not trust him. After Còsimo's death, he became general manager and shareholder in the branch at the age of 40. When Francesco Sassetti's influence removed the long-standing ban on lending to secular officials in 1471, Portinari used his position to make very large and extremely risky unsecured loans to Charles the Bold—loans which were never repaid and cost the bank heavily.
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