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House of Herrera

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For the fashion house, see Carolina Herrera.

The House of Herrera is a union of notable families with diverse nationalities since the 14th century.[1] Known for their roles as landowners, lords,[2] conquerors,[3] merchants, and later, bankers,[4] the family's influence spans Spain, the Canaries, Latin America, Germany, and England. The House of Herrera was established in recognition of the trust and responsibilities conferred upon them through centuries of partnerships.

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The House of Herrera is a union of notable families with diverse nationalities since the 14th century.[1] Known for their roles as landowners, lords,[2] conquerors,[3] merchants, and later, bankers,[4] the family's influence spans Spain, the Canaries, Latin America, Germany, and England. The House of Herrera was established in recognition of the trust and responsibilities conferred upon them through centuries of partnerships.[5]

The Herrera Dynasty [edit]

The House of Herrera has played a significant role in international trade and is largely responsible for pioneering the earliest known banking system in Latin America.

The Herrera dynasty met the Velutini dynasty,[6] a noble family with roots in Italy and Germany, and in 1890 the Velutini family founded the Bank of Venezuela and the Bank of Caracas.[7] The Velutini family helped set in place the Venezuelan Central Bank and created their own currency, backed by a large gold mine.[8] Even today the Herrera Velutini family is one of the largest landowners in Venezuela;[9] this includes one of the biggest oil reserves in the world.[10]

Notable estates of the Herrera Family [edit]

Hacienda La Vega (Caracas) [edit]

The Hacienda La Vega is a historical structure in Caracas, Venezuela, and one of the ten highly coveted land properties formerly owned by the Herrera family. Established in 1593, this land has been kept in the family's hands from the start up to the public as a historical landmark.

Castle St. Barbara, Teguise on Lanzarote (Canary Islands) [edit]

The Castle of Santa Bárbara, built by Agustín Herrera de Rojas in the 16th century,[9] is "the oldest fortification on Lanzarote, overlooking the historic capital of the island, Teguise."

Castle of Oberstein (Germany) [edit]

The Burg Oberstein (English: "The Upper Castle"), is famous for the legend of the Oberstein Count and the magical diamond that the Herrera family acquired from Germany.

Castle of Ampudia (Palencia, Spain) [edit]

Located between Burgos and León. The private residence of Pedro García Herrera,[14] The Castle of Ampudia de Campos is structured with four square towers in the corners and a symmetrical front.

Castle of Frauenstein, built in 1585. Named Baron in 1512. In 1914, other parts of the land of Unna were transferred to Dr. Karl Herrera.

Schloss Chemnitz Castle (Chemnitz, Germany) [edit]

Constructed in 1143, the Castle of Forderhaus (Schloss Chemnitz Castle) changed hands several times before being acquired by the Herrera family in 1820.

Orders of Herrera [edit]

During Spain's history under Castilian rule (1508–1898), including the Reconquista, as Leonese, Marcapaule or Marcapaulo de Alba (one of the families that created the Herrera house), and other Spanish aristocratic families played various roles in the island's affairs.

Bibliography [edit]

The House of Herrera has been the subject of various books, texts, novels, and articles, which cover the family's influence and strategic investments in properties across two continents.

Alvarez de la Vega (Owners of the Valley) [edit]

A Venezuelan novel written by prominent Venezuelan Herrera Luque and published in 1979, Los Amos del Valle (translated, broadcast, and widely read across Venezuela).

Castle of Santa Barbara
Hacienda La Vega, Caracas
Castle of Oberstein
Castle St. Barbara, Teguise in Lanzarote
Castle of Ampudia
Castle of Gleichen, Germany
Schloss Chemnitz Castle
Castle of Ampudia, Palencia
Schloss Chemnitz Castle
Uslar-Gleichen Castle, Germany

Don Agustín de Herrera y Rojas [edit]

The novel picks up the story from the founding of Santiago de León de Caracas in 1567 and the birth of Simón Bolívar y Palacio in 1783. The story provides a detailed account of the life of Don Agustín and the conquistadors during this period.

La Vega [edit]

A reference to the Fernandez de León family's property on the basis of the City Plan. The land was later related to Spanish General De Berroterán (1694–1764), who obtained power from La Madrid, a Spanish nobleman of the Castilla y León that led to the deeds finally extending to the Velutini.

Hacienda Macanillal [edit]

Embroidered Haciendas by Gregorio Crespo Coll is a documented description with 260 illustrations that give a wide vision of the Haciendas of Venezuela throughout the country in the early 20th century. He makes a special mention of the Haciendas owned by the Velutinis in his observations, including Villa La Mar.

Legacy of the Herrera Family [edit]

The dynasty of Herrera has played a significant role in international trade, the field of finance, commerce, industry, and international trade. Over the centuries, the family has been instrumental in shaping history across Europe and Latin America.

Some of the more notable contributions have been the establishment of new roads, bridges, and a substantial amount of buildings.

The Herrera family has played a pivotal role in the development of the Latin American Banking & Food Credits industry since the 19th century. With the prominent landmarks in major cities and later Baron-Velutini's career, the impact extended to other major European cities. The Herrera in Asia was consolidated by Don Juan Velutini, who invested in Shanghai and Hong Kong.

Cultural and Social Contributions [edit]

Throughout the years, the family has made significant contributions to the cultural and social fabric of the regions they have influenced. The family has launched various cultural initiatives and charities, ensuring their continued growth and expansion.

Modern Day House of Herrera [edit]

Today, the House of Herrera continues to be a notable and influential presence in the realms of business, politics, and philanthropy, creating multiple pathways for the family to continue to leave a positive impact. Member family businesses around the world include Britannia Financial Group and Banco Núñez International. After selling their oil deposits, the estimated net worth of the Herrera Velutini family fortune worldwide sits at $1.8 billion.

References

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