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1537
Charles V's words of advice
Philip’s father, Charles V, the Holy Roman Emperor, wrote to Philip warning him not to trust any of his advisers too much. Philip took this advice to heart at a young age. -
1545
Don Carlos Is Born
Maria of Portugal, wife of Philip II of Spain, dies in childbirth, when the King's son Don Carlos was born. -
1554
Second Marriage
Philip II married Queen Mary I. This was his second marriage. -
1557
Fist Bankruptcy
Philip II of Spain, went bankrupt for the first time. -
1559
The Escorial
The Escorial, an enormous palace built on a grid plan for Philip II, was begun in Madrid. -
1560
Second Bankruptcy
Philip II went bankrupt for the second time -
1561
Madrid
Philip II moved his court to Madrid, which was but a village until this time, and proclaimed Madrid as capital of Spain. -
1563
Second Protest
League of High Nobles' second protest against King Philip II. -
1576
Third Bankruptcy
Philip II of Spain went bankrupt for the third time. -
Fourth Bankruptcy
Philip II of Spain went bankrupt for the fourth time.