celebrity.estateAn EGRET.LAW propertyWorld map3D timeline
Home / Business dynasties / The merchant of Prato rewrote his will five weeks before he died and left 100,000 florins…
Case file s912 · Business dynasties · 1410
1410
Palazzo datini, ext. 01: Palazzo Datini, Prato
Palazzo datini, ext. 01. Sailko. CC BY-SA 3.0, Wikimedia Commons.
Died
16 August 1410
Place
Prato, Tuscany, Italy
Field
trade and banking · Business and finance on the timeline
Legal tradition
Tuscan testamentary law; charitable foundation governed by the commune
Historical event
The Black Death and its recurring plagues

The merchant of Prato rewrote his will five weeks before he died and left 100,000 florins to the poor, under the town's control

Francesco di Marco Datini was born in Prato about 1335. In 1348 the Black Death killed his parents and two brothers. He made his fortune in Avignon, the papal city, then traded and banked from Prato and Florence. In 1376 he married Margherita Bandini, about 25 years younger. They had no children. His only acknowledged child, Ginevra, was born to an enslaved woman. Margherita took her into the household, and Ginevra married Leonardo di ser Tommaso di Giunta in 1407. On 27 June 1410 Datini made a will leaving half his estate to the Opera del Ceppo of Prato and half to the hospital of Santa Maria Nuova in Florence. On 31 July 1410 he changed it. Almost everything went to a new foundation, the Ceppo dei poveri di Francesco di Marco, to be run by the commune of Prato and not by the Church. He died on 16 August 1410. The Ceppo received about 100,000 florins, including 73 properties. Margherita died in Florence in 1423. In 1870 about 150,000 papers and 500 account books were found in a stairwell of his Prato house. The Ceppo still exists as the Casa Pia dei Ceppi, which runs a museum in his palace. His archive is in the State Archive of Prato.

What the law took from it

A founder with no legitimate heir decided who would control his money after his death by naming the governing body, not only the beneficiary.

Cite as: celebrity.estate, “The merchant of Prato rewrote his will five weeks before he died and left 100,000 florins to the poor, under the town's control,” story s912, https://www.celebrity.estate/the-merchant-of-prato-rewrote-his-1410, updated 30 October 2026.

Related cases

Each one shares a person, a kind of fight, a subject, a period or a place with this case. The line under each headline says which.

25 Wiki 20 EHM00042a+b 1-D Hildebrand Veckinchusen an seine Frau Margarethe 1421 by Olaf Malzahn: Foto: Olaf Malzahn1426 · Bruges, Belgium, and Lübeck, GermanyA Hanseatic merchant was jailed for debt in Bruges for years, died weeks after release, and his widow was sued out of her houseShared: also Business dynasties; 16 years apart; also EuropeHildebrand Veckinchusen was born about 1365, probably in Dorpat, now Tartu, Estonia. He traded from Bruges and became a citizen of Lübeck around 1400.deutsche-biographie.de and 2 morePazzi conspiracy: Nella stessa famiglia anche lo zio di Francesco, Jacopo fu tra i principali responsabili, e i congiurati si servirono della parentela di Guglielmo de' Medici, fra1478 · Florence, ItalyFlorence seized the Pazzi bank's property the day after the cathedral murder and ordered the family's name and arms erased foreverShared: also Business dynasties; same era, medieval; also EuropeJacopo de' Pazzi inherited his father Andrea's bank and became head of the family in 1464. In the 1457 tax survey he was one of only eight Florentines taxed between 50 and 100 florins.Treccani and 2 moreRobert Maxwell: Robert Maxwell 1989 (3x4 cropped 2)1991 · Atlantic Ocean, off the Canary IslandsPublisher Robert Maxwell went overboard from his yacht, and his sons inherited companies that had used the staff pension fundsShared: also Business dynasties; also EuropeMaxwell was last in contact with the crew of his yacht, the Lady Ghislaine, at 4:25 a.m. He was reported missing that morning, and his naked body was recovered from the sea.The New York Times and 4 moreAristotle Onassis: Aristotle Onassis 1967cr1988 · Athens and Skorpios, Greece, and SwitzerlandAristotle Onassis's only granddaughter inherited half his fortune at 18, after her father and the trustees fought for yearsShared: also Business dynasties; also EuropeAristotle Onassis's son Alexander was killed in a plane crash in 1973. Onassis died two years later. His will named four trustees as executors. The Alexander S.UPI and 2 moreCoco Chanel: Coco Chanel in Los Angeles, 1931 (cropped)1971 · Hôtel Ritz, Paris, FranceCoco Chanel used Nazi anti-Jewish laws to try to take her perfume company from the Wertheimers, who had signed it over to an aircraft makerShared: also Business dynasties; also EuropeIn 1924 Gabrielle Chanel formed Parfums Chanel with the brothers Pierre and Paul Wertheimer. The Wertheimers took 70 percent and paid for making and selling Chanel No. 5. Théophile Bader took 20 percent.fundinguniverse.com and 4 moreAlexander McQueen: Alexander McQueen by FashionWirePress (cropped 2)2010 · Mayfair, London, UKAlexander McQueen died the day before his mother's funeral and left £50,000 to his dogs and most of £16 million to a charity for artistsShared: also Business dynasties; also EuropeLee Alexander McQueen's mother, Joyce, died about ten days before him. On Thursday 11 February 2010 his cleaner found him hanged in a wardrobe at his Mayfair home. He was 40. It was the day before his mother's funeral.thepinknews.com and 3 more