Bindo Altoviti was born in Rome in 1491 to Antonio, a Florentine nobleman, and to Dianora di Clarenza Cibo, Pope Innocent VIII's niece.Bindo was included among the young noblemen educated at the papal court, where he was in attendance on the hostage Federico Gonzaga, the son of Isabella d’Este and future duke of Mantua.[4] Bindo was appointed as Depository-General, the leading banker of the Papal States and chief commissioner for collecting taxes, mainly allocated for the reconstruction of St. Peter's Basilica.Among his clients were Duke Charles III of Savoy and King Henry II of France and by shrewd political and financial acumen he amassed one of the largest private fortunes in Italy.Cosimo, careful to consolidate the alliances of his recent power, appointed Bindo Florentine consul in Rome, later senator, moves which kept him out of Florence but in no way mitigated their once again rising mutual contempt.Cosimo declared Bindo a rebel and confiscated all his property in Tuscany, including Raphael's Madonna dell'Impannata, which he took for his private chapel in the Palazzo Pitti.In fact, he was the recipient of many favors and able to develop a complex financial empire, centered on various papal enterprises, ultimately rising to become one of the most influential bankers of his generation.He enjoyed the financial resources to undertake extensive renovations to the properties he inherited from his father and his suburban villa on the Tiber, and to indulge a growing passion for art.Giovanni Battista himself remained a banker in Rome, was twice consul of the Nazione Fiorentina, and exercised, under Pius V, the offices of an apostolic general and the Depositario dell'Abbondanza.Their later heir Prince Stanisław Albrecht Radziwiłł was married to Caroline Lee Radziwill, sister of the late First Lady, Jacqueline Kennedy Onassis, and sister-in-law of President John F.
Tondino with the coat of arms of Bindo Altoviti,and of his wife Fiammetta Soderini
Portrait of Bindo Altoviti by Jacopino del Conte
Madonna dell'Impannata by Raphael
Allegory of the Immaculate Conception by Vasari, Altoviti chapel Santi Apostoli Florence
Pope Clemente XII, great-grandson of Marietta Altoviti Strozzi