He was called Otto because he was the godson of Emperor Otto III.
He succeeded his father when he was just 15 years old, was born in 994 and was the fourth son of Peter II: the first, John, who had been co-regent with his father Peter II (991-1009), had died in 1007; the second, Bear, was patriarch of Grado; the third, Vitale, was bishop of Torcello.
At the age of 18 he was married to the daughter of the king of Hungary, Grimelda (called Helen or Mary by others). A union that later triggered the claims of the Hungarian kings on Venetian maritime Dalmatia.
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