Guggenheim family
The Guggenheim family (/ˈɡʊɡənhaɪm/ GUUG-ən-hyme) is an American family known for making their fortune in the mining industry, in the early 20th century, especially in the United States and South America. After World War I, many family members withdrew from the businesses and became involved in philanthropy, especially in the arts, aviation, medicine, and culture.
History
Meyer Guggenheim, a Swiss citizen of Ashkenazi Jewish ancestry, arrived in the United States in 1847. His surname was derived from the Alsatian village of Gougenheim.[1] He married Barbara Meyer, whom he met in the United States. Over the next few decades, their several children and descendants became known for their global successes in mining and smelting businesses, under the name Guggenheim Exploration, including the American Smelting and Refining Company. In the early 20th century, the family developed one of the largest fortunes in the world.
Following World War I, they sold their global mining interests and later purchased nitrate mines in Chile. Subsequently, the family largely withdrew from direct involvement in running businesses.[2] Family members became known for their philanthropy in diverse areas such as modern art, aviation, and medicine. They donated funds to develop Guggenheim Museums, the Guggenheim Aeronautical Laboratory, and the Guggenheim Pavilion at Mount Sinai Medical Center, designed by I. M. Pei in New York City.[2]
Current interests
Guggenheim Partners today manages over $200 billion in assets.[3] Another family vehicle, Guggenheim Investment Advisors, oversees about $50 billion in assets.[4]
Family tree
Meyer Guggenheim (1828–1905) married Barbara Meyer, of German Jewish descent, in 1852. They met in the United States. They had eleven children together, including eight sons, five of whom were active in the family businesses: Isaac, Daniel, Maurice "Murry", Solomon Robert, and (John) Simon Guggenheim. Sons Benjamin, Robert and William pursued other careers. The daughters were Jeanette, Rose and Cora. Meyer's 11 children, their spouses, and notable descendants are shown below:
- Meyer Guggenheim (1828–1905), m. Barbara Meyer (1834–1900) (m. 1852–her death)
- Isaac Guggenheim (1854–1922), m. Carrie Sonneborn (1859–1933) (m. 1876–his death)[5]
- Daniel Guggenheim (1856–1930), became head of the family after his father's death; m. Florence Shloss (1863–1944) (m. 1884–his death)
- Meyer Robert Guggenheim (1885–1959)
- Harry Frank Guggenheim (1890–1971)
- Diane Guggenheim (1924–1991)
- Gladys Eleanor Guggenheim (1895–1980), m. Roger Williams Straus (1891–1957) (m. 1914–his death)
- Roger Williams Straus, Jr. (1917–2004), a founder and chairman of Farrar, Straus and Giroux, publishers
- Roger Williams Straus III (1943–)
- Roger Williams Straus, Jr. (1917–2004), a founder and chairman of Farrar, Straus and Giroux, publishers
- Maurice "Murry" Guggenheim (1858–1939), m. Leonie Bernheim (1865–1959) (m. 1887–his death)[10]
- Edmond A. Guggenheim (1888–1972), m. Marion Price (1888–1992)
- Lucille Guggenheim (1894–1972), m. Frederic Adam Gimbel (1891–1996), div.
- Solomon R. Guggenheim (1861–1949), founded the Solomon R. Guggenheim Museum and Foundation; m. Irene M. Rothschild (1868–1954), daughter of Victor Henry Rothschild (m. 1895–his death)
- Eleanor Mary Guggenheim (1896–1992), m. Arthur Stuart, 7th Earl Castle Stewart (1889–1961) (m. 1920–his death)
- David Stuart, Viscount Stuart (1921–1942)
- Robert Stuart, Viscount Stuart (1923–1944)
- Arthur Stuart, 8th Earl Castle Stewart (1928–)
- Andrew Stewart, Viscount Stuart (1953–)
- The Honorable Simon Stuart (1930–2002)
- Gertrude R. Guggenheim (1898–1966)
- Barbara Josephine Guggenheim (1904–1985), married John Lawson-Johnston of the family producing Bovril
- Peter Lawson-Johnston, President Guggenheim Museum, founder Guggenheim Partners
- Eleanor Mary Guggenheim (1896–1992), m. Arthur Stuart, 7th Earl Castle Stewart (1889–1961) (m. 1920–his death)
- Jeanette Guggenheim (1863–1889), m. Albert M. Gerstle (1860–1896)
- Nettie Gerstle (1889–?)
- Benjamin Guggenheim (1865–1912), died in the Titanic disaster; m. Florette Seligman (1870–1937) (m. 1895–his death)[11]
- Benita Rosalind Guggenheim (1895–1927)
- Marguerite "Peggy" Guggenheim (1898–1979), founded the Peggy Guggenheim Collection in Venice
- m. Laurence Vail (div. 1928)
- Michael Cedric Sindbad Vail (1923–1986), m. Margaret Angela Vail (m. 1957–his death)
- Karole Vail (1959–)
- Pegeen Vail Guggenheim (1925–1967)
- m. Jean Hélion (1904–1987) (m. 1946; div. 1956)
- m. Ralph Rumney (1934–2002) (m. 1958–her death)
- Sandro Rumney (b. 1958)
- Michael Cedric Sindbad Vail (1923–1986), m. Margaret Angela Vail (m. 1957–his death)
- m. Max Ernst (1891–1976) (m. 1941; div. 1946)
- m. Laurence Vail (div. 1928)
- (Barbara) Hazel Guggenheim (1903–1995),
- m. Sigmund Marshall Kempner (m. 1921; div. 1922)[13]
- m. Milton S. Waldman (m. 1923; div. 1930)[13]
- m. Denys King-Farlow (Hugh St. Denys Nettleton King-Farlow) (m. 1930; div.)[15]
- m. Charles Everett McKinley, Jr. (d. 1942) (m. ?–his death)[15]
- m. Archibald Butt Jr. (div.)
- m. Larry Leonard (div.)
- Robert Guggenheim (1867–1876)
- (John) Simon Guggenheim (1867–1941), elected as a U.S. Senator from Colorado; m. Olga Hirsch (1877–1970) (m. 1898–his death)
- John Simon Guggenheim (1905–1922)
- George Denver Guggenheim (1907–1939)
- William Guggenheim (1868–1941)
- Rose Guggenheim (1871–1945), m. Albert Loeb, the nephew of Solomon Loeb[11]
- 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[11]
- Louis F. Rothschild, Jr. (1900–1902)
- Muriel B. Rothschild (1903–?), m. William Donald Scott
- Gwendolyn F. Rothschild (1906–1983)
- Benjamin Guggenheim (1865–1912), died in the Titanic disaster; m. Florette Seligman (1870–1937) (m. 1895–his death)[11]
References
- Historisches Lexikon der Schweiz.
- Davis, passim
- "The Guggenheim Connection: Fame, Riches and a Masquerade", The New York Times, September 18, 2011
- "Guggenheim 'Excited' About Private Equity, Likes Macro Funds". Bloomberg. October 8, 2009. Retrieved 2009-10-13.
- "Isaac Guggenheim Dies in England; Overcome by Sudden Illness after Greeting a Friend in Southampton. Leader in Mining Industry Identified with Large Industrial Interests of His Family--Body to Be Brought Here" (11 October 1922). The New York Times. Retrieved 1 August 2018.
- Davis, p. 422
- "Audrey B. Love, 100, a Patron of the Arts" (27 November 2003). The New York Times. Retrieved 28 November 2016.
- Filler, Martin. "Love Among the Ruins", Departures, March 30, 2010
- Davis, p. 145
- Davis, p. 168
- Davis, p. 82
- Davis, p. 337
- Davis, [https://books.google.co.uk/books?id=Y0_8a63XTD4C&pg=PA326 p. 326
- "2 Guggenheim heirs die in 13-story fall: baby boy and brother drop" (20 October 1928). The New York Times. Retrieved 1 August 2018.
- Davis, p. 328
- "William Guggenheim and Miss Amy Lelia Steinberger, the daughter of Mrs. Herman Steinberger" (1904). The New York Times.
- Davis, John (1994). The Guggenheims: An American Epic. SPI Books. p. 436.
- Davis, p. 439
Further reading
- Davis, John H. (1994). The Guggenheims: An American Epic. SPI Books. ISBN 1561713511.