Filippo was the son of Anton Francesco Farsetti and his wife Marina Foscari. The Foscari were an ancient Venetianpatrician family, which reached its peak in the 14th–15th centuries with the dogeship of Francesco Foscari. The Farsetti, on the other hand, originally came from Tuscany, though they had divided into numerous branches that established themselves throughout Northern Italy. Filippo's branch had become part of the patrician class of Venice as late in 1664, by payment of a hundred thousand ducats. Though relatively recent arrivals, therefore, they were very rich, and this meant for Filippo a comfortable and carefree childhood and youth. He spent his first years engrossed in his studies and far from political concerns. The tranquility of those years contributed doubtless to his decision to receive minor orders, which is why he is often referred to as the “abate” Farsetti, though he never became a priest. In this context “abate”, though literally the word means “abbot”, was used at the time in a way similar to the French “abbé” as an honorific title for any cleric of minor rank. Farsetti spent much of his life travelling, visiting among other places Rome, Naples, Florence, and Paris. His interest was in establishing friendly relations with many men of culture. He was also a great patron of the arts and by his patronage contributed to the introduction into Venice of Neoclassicism.
Great admiration was also aroused by Farsetti’s villa at Santa Maria di Sala, created by transforming an existing property inherited from his uncle Anton Francesco Farsetti. Designed by Paolo Posi, Villa Farsetti distanced itself from the typical Venetian models to resemble in some regards Austrian tastes and anticipating neoclassical features. The entire complex included a reconstruction of Roman monuments of the Capitol, the Temple of Diana and that of Capitoline Jupiter, and also an enormous park decorated with statues, vases and artificial ruins. Of all the features, the most prominent was a botanical garden created with the advice of Louis Clérisson, full of rare and exotic plants. In fact, Farsetti himself was no mean botanist and was responsible, among other things, for introducing the magnolia into Italy.
Last years
Farsetti’s life did not end happily, since his lavish expenditure lead to financial difficulties and he was forced to sell many of his possessions. Moreover, a stroke left him mentally severely incapacitated. He had made a distant cousin, Daniele Filippo Farsetti, his heir.