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Lepidus joined the College of Pontiffs as a child. He started his cursus honorum as triumvir monetalis, overseeing the minting of coins, from c. 62–58 BC. Lepidus soon became one of Julius Caesar's greatest supporters. He was appointed as a praetor in 49 BC, being placed in charge of Rome while Caesar defeated Pompey in Greece. He secured Caesar's appointment as dictator, a position Caesar used to get himself elected as consul, resigning the dictatorship after eleven days. Lepidus was rewarded with the position of proconsul in the Spanish province of Hispania Citerior.
While in Spain Lepidus was called upon to act to quell a rebellion against Quintus Cassius Longinus, governor of neighbouring Hispania Ulterior. Lepidus refused to support Cassius, who had created opposition to Caesar's regime by his corruption and avarice. He negotiated a deal with the rebel leader, the quaestor Marcellus, and helped defeat an attack by the Mauretanian king Bogud. Cassius and his supporters were allowed to leave and order was restored. Caesar and the Senate were sufficiently impressed by Lepdius's judicial mixture of negotiation and surgical military action that they granted him a triumph.
Lepidus was rewarded with the consulship in 46 after the defeat of the Pompeians in the East. Caesar also made Lepidus magister equitum ("Master of the Horse"), effectively his deputy. Caesar appears to have had greater confidence in Lepidus than in Mark Antony to keep order in Rome, after Antony's inflammatory actions led to disturbances in 47. Lepidus appears to have been genuinely shocked when Antony provocatively offered Caesar a crown at the Lupercalia festival, an act that helped to precipitate the conspiracy to kill Caesar.
When in February 44 Caesar was elected dictator for life by the Senate, he made Lepidus magister equitum for the second time. The brief alliance in power of Caesar and Lepidus came to a sudden end when Caesar was assassinated on March 15, 44 (the Ides of March). Caesar had dined at Lepidus' house the night before his murder. One of the ringleaders of the conspiracy, Gaius Cassius Longinus, had argued for the killing of Lepidus and Mark Antony as well, but Marcus Junius Brutus had overruled him, saying the action was an execution and not a political coup.
As soon as Lepidus learned of Caesar's murder, he acted decisively to maintain order by moving troops to the Campus Martius. He proposed using his army to punish Caesar's killers, but was dissuaded by Antony and Aulus Hirtius. Lepidus and Antony both spoke in the Senate the following day, accepting an amnesty for the assassins in return for preservation of their offices and Caesar's reforms. Lepidus also obtained the post of Pontifex Maximus.
At this point Pompey's surviving son Sextus Pompey tried to take advantage of the turmoil to threaten Spain. Lepidus was sent to negotiate with him. Lepidus successfully negotiated an agreement with Sextus that maintained the peace. The senate voted him a public thanksgiving festival. Lepidus thereafter administered both Hispania and Narbonese Gaul.
When Antony attempted to take control of Cisalpine Gaul (northern Italy) by force and displace Decimus Brutus, the Senate, led by Cicero, called on Lepidus to support Brutus – one of Caesar's killers. Lepidus prevaricated, recommending negotiation with Antony. After Antony's defeat at the Battle of Mutina, the Senate sent word that Lepidus' troops were no longer needed. Antony, however, marched towards Lepidus's province with his remaining forces. Lepidus continued to assure the Senate of his loyalty, but engaged in negotiations with Antony. When the two armies met, large portions of Lepidus's forces joined up with Antony. Lepidus negotiated an agreement with him, while claiming to the Senate that he had no choice. It is unclear whether Lepidus' troops forced him to join with Antony, whether that was always Lepidus's plan, or whether he arranged matters to gauge the situation and make the best deal.
Antony and Lepidus now had to deal with Octavian Caesar, Caesar's great-nephew and who had been adopted by Caesar in Caesar's will. Octavian was the only surviving commander of the forces that had defeated Antony at Mutina (modern Modena). The Senate instructed Octavian to hand over control of the troops to Decimus Brutus, but he refused. Antony and Lepidus met with Octavian on an island in a river, possibly near Mutina but more likely near Bologna, their armies lined along opposite banks. They formed the Second Triumvirate, legalized with the name of Triumvirs for Confirming the Republic with Consular Power (Triumviri Rei Publicae Constituendae Consulari Potestate) by the Lex Titia of 43. With the triumvirs in possession of overwhelming numerical superiority, Decimus Brutus' remaining forces melted away, leaving the triumvirs in complete control of the western provinces.
Unlike the First Triumvirate of Caesar, Pompey, and Crassus, this one was formally constituted. In effect, it sidelined the consuls and the Senate and signalled the death of the Republic. The triumvirate's legal lifespan was for five years. At the beginning Lepidus was confirmed in possession of both the provinces of Hispania, along with Narbonese Gaul, but also agreed to hand over seven of his legions to Octavian and Antony to continue the struggle against Brutus and Cassius, who controlled the eastern part of Roman territory. In the event of a defeat, Lepidus' territories would provide a fall-back position. Lepidus was to become consul and was confirmed as Pontifex Maximus. He would assume control of Rome while they were away.
After the pacification of the east and the defeat of the assassins' faction in the Battle of Philippi, during which he remained in Rome, Antony and Octavian took over most of Lepidus' territories, but granted him rights in the provinces of Numidia and Africa. For a while he managed to distance himself from the frequent quarrels between his colleagues Antony and Octavian. When the Perusine War broke out in 41, Octavian tasked Lepidus with the defence of Rome against Lucius Antonius, Mark Antony's brother. Lucius, with superior forces, easily took the city. Lepidus was forced to flee to Octavian's camp. Lucius soon withdrew from Rome and Octavian retook the city. After this Lepidus was given six of Antony's legions to govern Africa. In 37 BC the treaty of Tarentum formally renewed the Triumvirate for another five years.
During Lepidus' governorship of Africa he promoted the distribution of land to veterans, possibly in order to build up a network of clients. He appears to have encouraged the Romanisation of Thibilis in Numidia and to have demolished illicit extensions to Carthage so that the formally cursed area of the old city, destroyed after the Third Punic War, was not built upon.
Fall from power
In 36, during the Sicilian revolt, Lepidus raised a large army of 14 legions to help subdue Sextus Pompey. However, this was to lead to an ill-judged political move that gave Octavian the excuse he needed to remove Lepidus from power. After the defeat of Sextus Pompey, Lepidus had stationed his legions in Sicily and a dispute arose over whether he or Octavian had authority on the island. Lepidus had been the first to land troops in Sicily and had captured several of the main towns. However, he felt that Octavian was treating him as a subordinate rather than an equal. He asserted that Sicily should be absorbed into his sphere of influence. After negotiation, he suggested an alternative: Octavian could have Sicily and Africa, if he agreed to give Lepidus back his old territories in Spain and Gaul, which should legally have been his according to the Lex Titia. Octavian accused Lepidus of attempting to usurp power and fomenting rebellion. Humiliatingly, Lepidus' legions in Sicily defected to Octavian and Lepidus himself was forced to submit to him.
On 22 September 36, Lepidus was stripped of all his offices except that of Pontifex Maximus; Octavian then sent him into exile in Circeii. After the defeat of Antony in 30, Lepidus' son Lepidus the Younger became involved in a conspiracy to assassinate Octavian, but the plot was discovered by Gaius Maecenas. The younger Lepidus was executed, but the former triumvir himself was left unmolested. His wife Junia was, however, implicated. Lepidus had to plead with his former enemy Lucius Saenius Balbinus to grant her bail.
Spending the rest of his life in obscurity, Lepidus was apparently allowed to return to Rome periodically to participate in Senatorial business. Octavian, now known as "Augustus", is said to have belittled him by always asking for his vote last. Lepidus died peacefully in late 13 or early 12, upon which Augustus assumed the position of Pontifex Maximus for himself; afterwards, the chief priest’s office was moved from the Regia to Augustus' palace, located on the Palatine Hill in Rome.