[1] It is his earliest surviving portrait and one of the first works in oil (rather than tempera) by an Italian artist.

It can be securely dated due to an inscription on its reverse (removed during an early 20th-century restoration) reading "Jeorg Fugger a di XX di Zugno MCCCCLXXIIII" ("Georg Fugger on 20th June 1474").

He was the head of the Nuremberg branch of the German Fugger bank, which was heavily involved in the Fondaco dei Tedeschi in Venice.

He wears a garland and his individual features are shown in detail, although the work lacks the psychological elements introduced to Venice in 1475 by Antonello da Messina.

It was recorded in the collection of Johannes, Count of Fugger-Oberkirchberg at Schloss Oberkirchberg in Ulm.