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 Ashkenazi 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 their global mining interests following World War I, then later purchased nitrate mines in Chile. Subsequently, the family largely left direct involvement in running businesses. 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]

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) married Carrie Sonneborn (1859–1933)

    • Beulah V. Guggenheim (1877–1960)
    • Edith B. Guggenheim (1880–1960)
    • Helene Guggenheim (1886–1962) married Edmund L. Haas

2. Daniel Guggenheim (1856–1930); Daniel became head of the family after his father's death. He married Florence Shloss (1863–1944)

3. Murry Guggenheim (1858–1939) married Leonie Bernheim (1865–1959)

    • Edmond A. Guggenheim (1888–1972) married Marion Price (1888–?)
    • Lucille Guggenheim (1894–1972)

4. Solomon R. Guggenheim (1861–1949); Solomon founded the Solomon R. Guggenheim Museum and Foundation. He married Irene M. Rothschild (1868–1954)

5. Jeanette Guggenheim (1863–1889) married Albert Gerstle

  • Nettie Gerstle (1889–?)

6. Benjamin Guggenheim (1865–1912); Benjamin died in the Titanic disaster. He married Florette Seligman (1870–1937).

    • Benita Rosalind Guggenheim (1895–1927)
    • Peggy Guggenheim (1898–1979); Peggy founded the Peggy Guggenheim Collection.
    • Barbara Hazel Guggenheim (1903–1995) married King-Farlowe
      • Barbara King-Farlowe
      • John King-Farlowe

7. Robert G. Guggenheim (1867–1876)
8. Simon Guggenheim (1867–1941). Simon became a U.S. Senator from Colorado. He married Olga Hirsch (1877–1970).

    • John Simon Guggenheim (1905–1922)
    • George Denver Guggenheim (1907–1939)

9. William Guggenheim (1868–1941)
10. Rose Guggenheim (1871–1945) married 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), founder of L.F. Rothschild
    • 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. 

External links[edit]