Foundation of Baron Michael Tositsas
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Baron Michael Tossizza (1885–1950) was the grandson of Konstantinos Tossizza, one of the younger brothers of the National Benefactor of Greece, Michael Tositsas (1787–1856), who had moved to Livorno, Italy, at the beginning of the 19th century. In 1831 he and his descendants were awarded the title of Baron by the local Duke as a reward for the major commercial activity of the Tossizza family.
Baron Michael Tossizza studied in Italy and France and then worked in the family's banking business in Paris. Later on he lived and worked in Lausanne, Switzerland, and the south of France.