That's in Augsburg, isn't it? My dad was stationed in Augsburg when I was a kid and we visited the Fuggerei.
The Fugger family themselves are amazing. They founded and financed the Fuggerei. Little is known today of the Fuggers, but from wikipedia:
Alongside the
Welser family, the Fugger family controlled much of the
European economy in the sixteenth century and accumulated enormous wealth. The Fuggers held a near
monopoly on the European
copper market.
This banking family replaced the
Medici family who influenced all of Europe during the
Renaissance. The Fuggers took over many of the Medicis' assets and their political power and influence. They were closely affiliated with the
House of Habsburg whose rise to world power they financed.
Jakob Fugger "the Rich" was elevated to the nobility of the
Holy Roman Empire in May 1511 and assumed the title
Imperial Count of
Kirchberg and
Weissenhorn in 1514.
Today, he is considered to be one of the wealthiest people ever to have lived, with a GDP-adjusted net worth of over $400 billion, and approximately 2% of the entire GDP of Europe at the time.