Guggenheim family

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Entrance to Peggy Guggenheim Collection, Palazzo Venier dei Leoni, Venice, Italy
An ASARCO mine near Garfield, Utah

The Guggenheim family is an American family of Swiss Jewish ancestry. Beginning with Meyer Guggenheim, who arrived in America in 1847, the family were known for their global successes in mining and smelting (including the American Smelting and Refining Company). During the 19th century, the family possessed one of the largest fortunes in the world. They later became known for their philanthropy in diverse areas such as modern art and aviation, including several Guggenheim Museums as well as the Guggenheim Aeronautical Laboratory and I. M. Pei's Guggenheim Pavilion at Mount Sinai Medical Center in New York City. They sold off their global mining interests following World War I, then later purchased nitrate mines in Chile. Subsequently, the family largely left business. However, one family investment company, Guggenheim Partners, today manages over $100 billion in assets.[1] Another family vehicle, Guggenheim Investment Advisors, oversees about $50 billion in assets.[2]

Contents

Family tree [edit]

Meyer Guggenheim (1828–1905) had eleven children, including eight sons, five of whom were active in the family businesses: Isaac, Daniel, Murry, Solomon Robert and (John) Simon. The other sons were Benjamin, Robert and William. The daughters were Jeanette, Rose and Cora. Meyer's eleven children, their spouses and notable descendants are shown below:
1. Isaac Guggenheim (1854–1922)

  • m. Carrie Sonneborn (1859–1933)
    • Beulah V. Guggenheim (1877–1960)
    • Edith B. Guggenheim (1880–1960)
    • Helene Guggenheim (1886–1962)
    • m. Edmund L. Haas

2. Daniel Guggenheim (1856–1930); Daniel became head of the family after his father's death.

3. Murry Guggenheim (1858–1939)

  • m. Leonie Bernheim (1865–1959)
    • Edmond A. Guggenheim (1888–1972)
    • m. Marion Price (1888–?)
    • Lucille Guggenheim (1894–1972)

4. Solomon R. Guggenheim (1861–1949); Solomon founded the Solomon R. Guggenheim Museum and Foundation.

5. Jeanette Guggenheim (1863–1889)

  • m. Albert Gerstle
    • Nettie Gerstle (1889–?)

6. Benjamin Guggenheim (1865–1912); Benjamin died in the Titanic disaster.

  • m. Florette Seligman (1870–1937)

7. Robert G. Guggenheim (1867–1876)
8. Simon Guggenheim (1867–1941); Simon became a U.S. Senator from Colorado.

  • m. Olga Hirsch (1877–1970)
    • John Guggenheim (1905–1922)
    • George Guggenheim (1907–1939)

9. William Guggenheim (1868–1941)
10. Rose Guggenheim (1871–1945)

  • m. Albert Loeb
    • Harold A. Loeb (1891–1974)
    • Edwin M. Loeb (1894–1966)
    • Willard E. Loeb (1896–1958)

11. Cora Guggenheim (1873–1956)

  • m. Louis F. Rothschild (1869–1957)
    • Louis F. Rothschild, Jr. (1900–1902)
    • Muriel B. Rothschild (1903–?)
  • m. William Donald Scott
    • Gwendolyn F. Rothschild (1906–1983)

See also [edit]

References [edit]

  1. ^ "The Guggenheim Connection: Fame, Riches and a Masquerade", The New York Times, September 18, 2011
  2. ^ "Guggenheim ‘Excited’ About Private Equity, Likes Macro Funds". Bloomberg. October 8, 2009. Retrieved 2009-10-13. 
  3. ^ [1]

External links [edit]