Hans Maler produced numerous portraits of members of the Fugger family, who by the sixteenth century had become one of Europe’s greatest mercantile and banking dynasties. This painting shows Ulrich Fugger the Younger at age thirty-five, in the final year of his life, when he represented his family in the flourishing mining center of Schwaz in Tirol. A nearly identical version exists in a private collection. The Fuggers may have commissioned such relatively small portraits in multiples to distribute among family members and important business partners and to decorate the family’s residences and offices.