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Tables
Estates in excess of 800,000 gulden between 1700 and 1816

Year  Name   Occupation   Estate in gulden 1780  Jakob Bolongaro   Snuff tobacco manufacturer   2,000,000 1793  Johann Philipp Bethmann (1715-1793)   Banker   2,000,000 1800  Peter Heinrich Bethmann-Metzler   Banker   2,000,000 1808  Johann Jakob Bethmann-Hollweg   Banker   1,500,000 1816  Johann Friedrich Städel   Merchant   1,414,472 1782  Simon Moritz Bethmann (1721-1782)   Banker  1,370,000 1797  Brothers Bernard   Snuff tobacco producers   1,250,000 1783  Peter Anton Bolongaro-Crevenna   Tobacco producer   1,110,000 1780  Johann Jakob Casimir Leonhardi   Materialist   1,107,203 1812  Franz Maria Schweitzer   Merchant   1,042,748 1802  Viktor Bolongaro-Simonetta   Banker and tobacco producer   1,000,000 1797  Peter Anton Brentano   Spezereihändler   934,766 1719  Heinrich Bernus   Banker   800,000 1719  Johann Bernus   Banker   800,000 1724  Jakob Bernus-Peltzer  Banker   800,000 1783  Viktor Bolongaro-Simonetta   Tobacco producer   800,000 1800  Johann Peter von Leonhardi   Materialist   800,000 1810  Harnier   Court banker   800,000 1810   Mayer Amschel Rothschild   banker   800,000 1810   Rüppel   Court banker   800,000

Founding
The establishment of the Bethmann bank in Frankfurt am Main is dated to 1748, the year when Johann Philipp Bethmann (1715-1793), who had inherited the trading enterprise of his uncle Jacob Adami in 1746, officially took his brother Simon Moritz as a partner. From that point the enterprise was called Gebrüder Bethmann.

Within a short span of time, the Bethmann bank developed into one of Frankfurt's leading (Christian-owned) banks, on a scale comparable only to its younger rival, the House of Rothschild. The bank's fortunes began to rise in 1754 based on its business in imperial, princely and municipal bonds and skyrocketed from 1778, thanks to the bank's innovation of breaking the Austrian emperor's borrowing down into "sub-bonds" (Partialobligationen) at 1000 guldens each offered to the public, which made them tradeable in secondary markets. This transformed the bank from a lender to an underwriter of bond issues. At one point, the profits of Gebrüder Bethmann exceeded those of all its Frankfurt competitors together, and it ranked first among all German banks.

Trivia

 * In 1763, when Wolfgang Amadeus Mozart and his family were visiting Paris, a letter of recommendation penned by a wife of either Johann Philipp or Simon Moritz Bethmann and addressed to Baron de Grimm served as an effective door opener, as Leopold Mozart wrote afterward.


 * When Johann Wolfgang Goethe traveled to Italy in 1768, he was using a bill of exchange payable by a Roman banker and drawn on the Bethmann bank, which had issued the letter to his pseudonym of Möller, not knowing the true identity of the payee.