4 February 1194: Richard the Lionheart is ransomed

Having fallen into the hands of the Duke of Austria and the Holy Roman Emperor, King Richard I of England was freed from captivity on this day in 1194.

England's Crusader king, Richard I, was proud and arrogant, and had a habit of rubbing people up the wrong way. His support of King Tancred of Sicily angered the Holy Roman Emperor, Henry VI, who rather fancied the Mediterranean island for himself.And in Germany, Richard's nephews were getting a little too close to the Dutch and the Danish for the Emperor's liking.

So it shouldn't have come as too much of a surprise that while making his way home through Europe following a jaunt in the Middle East in 1192, Richard the Lionheart become Richard the Imprisoned. His captor was Leopold V, Duke of Austria.

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Chris Carter
Wealth Editor, MoneyWeek