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The Bethmann family has been remarkable for the high proportion of its male members who succeeded at mercantile or financial endeavors. This family trait began in medieval northern Germany and continued with the Bethmann bank, which Johann Philipp Bethmann (1715–1793) and Simon Moritz Bethmann (1721–1782) founded in 1748 and soon catapulted into the foremost ranks of German and European banks. Even after the bank’s sale in 1976, there are Bethmanns engaged in commercial real estate and forestry in the 21st century. Simon Moritz Bethmann (1721 – 1782) was a German merchant and banker. In 1755 Simon Moritz became deacon of the Niederländische Gemeinde Augsburgischer Confession (= Dutch Congregation of the Augsburg Confession), a charitable institution transferred to Frankfurt in 1585 by Martinist Lutherans who had fled Antwerp’s religious persecution. Together with Johann Philipp he purchased the Basler Hof property from the Patrizier Johann Friedrich Maximilian von Stalburg, where the Bethmann bank maintains offices to this day. Text: Wikipedia