Simplify the following text for a Grade 8 native English-speaking person.
Original: Godfried Schardinel , one of the richest industrialists at that time in Stolberg , as well as the neary city of Aachen , therefore decided to choose Stolberg for building the Kupferhof Bauschenberg .
Simplified: This must be the reason why Gottfried Schardinel , one of the richest persons at that time in the region of Stolberg built the Kupferhof Bauschenberg .