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Guggenheim family

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Solomon R. Guggenheim Museum, 5th Avenue, Manhattan
File:PeggyGuggenheimEntrance.jpg
Entrance to Peggy Guggenheim Collection, Palazzo Venier dei Leoni, Venice, Italy
An ASARCO mine near Garfield, Utah

The Guggenheim family is an American family known for their involvement in the mining industry and later in philanthropy.

Meyer Guggenheim, a Swiss citizen of Ashkenazi Jewish ancestry, arrived in America in 1847. Over the next few decades, the family became known for their global successes in mining and smelting (including the American Smelting and Refining Company) and eventually 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

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:

  • Meyer Guggenheim (1828–1905)
    • 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
    • Daniel Guggenheim (1856–1930); Daniel became head of the family after his father's death. He married Florence Shloss (1863–1944)
    • Murry Guggenheim (1858–1939), married Leonie Bernheim (1865–1959)
      • Edmond A. Guggenheim (1888–1972), married Marion Price (1888–1992)
      • Lucille Guggenheim (1894–1972)
    • Solomon R. Guggenheim (1861–1949); Solomon founded the Solomon R. Guggenheim Museum and Foundation. He married Irene M. Rothschild (1868–1954)
    • Jeanette Guggenheim (1863–1889), married Albert Gerstle
      • Nettie Gerstle (1889–?)
    • 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 Sigmund M. Kempner in June 1921. Divorced 1922 (Paris).
      • Married Milton S Waldman January 1923 (Paris)
        • Terrence Waldman (1924-1928)
        • Benjamin Waldman (1927-1928)
        • Terrence (four-and-a-half years old) and Benjamin (fourteen months) fell from the roof of the Surrey, a sixteen-story apartment hotel at 20 East Seventy-sixth Street, New York, on Friday, the 19th October 1928.
      • Married Hugh St. Denys King Farlow Nettleton
      • Barbara King-Farlowe
        • Ghislaine Agostini
        • Amelia Kaye
        • Adam Jacobs
        • John King-Farlowe
      • Robert G. Guggenheim (1867–1876)
    • 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)
    • William Guggenheim (1868–1941)
    • Rose Guggenheim (1871–1945), married Albert Loeb
      • Harold A. Loeb (1891–1974)
      • Edwin M. Loeb (1894–1966)
      • Willard E. Loeb (1896–1958)
    • 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)

References

  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.

Further reading

  • Davis, John H. The Guggenheims, 1848–1988: An American Epic. Shapolsky, 1988. OCLC 18624800.
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