The Medinaceli Fortune: The Amazing Rise and Decline of One of Spain's Greatest Wealths
Since its founding in 1368, the Medinaceli fortune has been a symbol of power and opulence in Spain's history. This noble lineage, holding the title of Duke of Medinaceli, has amassed an enormous wealth over the centuries, becoming one of the most significant heritages in the country. However, like many great families, its history is marked by internal conflict, palace secrets, and a decline that prompts us to reflect on the price of power. Join us on a journey through the centuries to discover how the Ducal House of Medinaceli accumulated its fortune and how, today, it faces the echoes of its glorious past.
The Origins of the Medinaceli Fortune
The Ducal House of Medinaceli was founded by Don Juan de la Cerda, who received the title of Lord of Medinaceli in 1368 from King Peter I of Castile. From its beginnings, the family stood out for its closeness to the crown, allowing them to accumulate lands and privileges. This noble lineage soon expanded, acquiring estates in various regions of Spain, from Andalusia to Castile, and building a fortune rooted in agriculture, trade, and political influence.
One of the key moments in the consolidation of the Medinaceli wealth was the union with the House of Trastámara in the 15th century. This relationship enabled them to obtain titles and properties that enhanced their heritage. The influence of the Medinaceli extended, becoming the main landowners in the region. According to historical documents, by the 17th century, the family owned over 40,000 hectares of cultivated land and numerous palaces throughout Spain, including the majestic Medinaceli Palace in the Spanish capital.