Guggenheim family explained

Guggenheim family
Region:	New York, U.S.
Origin:	Lengnau, Switzerland
Founded:	c.1800s
Founder:	Simon Meyer Guggenheim
Otherfamilies:	Loeb family Morton family Straus family^[1]
Estates:	Falaise (Sands Point, New York);^[2] Murry Guggenheim House (West Long Branch, New Jersey)

The Guggenheim family is an American-Jewish 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 Gugenheim.^[3] He married Barbara Meyer, who 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.^[4] 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.

Current interests

Peter Lawson-Johnston, a British Guggenheim descendant, founded Guggenheim Partners which today (2023) manages over $300 billion in assets.^[5] Another family vehicle, Guggenheim Investment Advisors, oversees about $50 billion in assets.^[6]

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)^[7]
  - Beulah V. Guggenheim (1877–1960), m. William I. Spiegelberg^[8]
  - Edyth B. Guggenheim (1880–1960), m. Louis M. Josephthal, future admiral and founder of Josephthal & Co.^[9]
    - Audrey Josephthal (1903–2003) m. Cornelius Ruxton Love Jr. (died 1971)
      - Iris Love (1933–2020)^[10]
  - Helene Guggenheim (1886–1962)
    - m. Edmund L. Haas (m. 1905; div.)^[11]
    - m. Corlette Glorney
    - m. Lord Melvill Ward
- 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 (born 1943)
- Maurice "Murry" Guggenheim (1858–1939), m. Leonie Bernheim (1865–1959) (m. 1887 – his death)^[12]
  - 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 (1928–2023)
      - Andrew Stewart, Viscount Stuart (born 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
- 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)^[13]
  - 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)
        Fabrice Hélion^[14]
        
        Nicolas Hélion
        
        Davide Hélion
        
        m. Ralph Rumney (1934–2002) (m. 1958 – her death)
        Sandro Rumney (born 1958)
    - m. Max Ernst (1891–1976) (m. 1941; div. 1946)
  - (Barbara) Hazel King-Farlow Guggenheim (1903–1995),
    - m. Sigmund Marshall Kempner (m. 1921; div. 1922)^[15]
    - m. Milton S. Waldman (m. 1923; div. 1930)
      - Terrence Waldman (1924–1928)
      - Benjamin Waldman (1927–1928)
      - Terrence (four-and-a-half years old) and Benjamin (fourteen months) both fell to their deaths from the roof of the Surrey, a sixteen-story apartment hotel at 20 East Seventy-sixth Street, New York, on October 19, 1928.^[16]
    - m. Denys King-Farlow (Hugh St. Denys Nettleton King-Farlow) (m. 1930; div.)^[17]
      - John King-Farlow (1932–2002)
      - Barbara Benita King-Farlow (1934–?)
        Ghislaine Agostini
        
        Amelia Kaye
        
        Adam Jacobs
    - m. Charles Everett McKinley Jr. (d. 1942) (m. ? – his death)
    - 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)
  - m. Grace Brown Herbert (m. 1900; div. 1901)
  - m. Aimee Lillian Steinberger (1877–1957) (m. 1904 – his death)^[18] ^[19]
    - William Guggenheim Jr. (1907–1947), m. Elizabeth Newell (1913–2004) (m. 1937–his death) [she later m. William J. Broadhurst]
      - William Guggenheim III (1939–2023)
        m. Grace Embury (1940–) (div.)^[20]
        Maire Embury Guggenheim (born 1962)
        
        Jaenet Newell Guggenheim (1963–2011)
        
        m. Judith Arnold (1943–) (div.)
        William Douglas Guggenheim (born 1970)
        m. Traci Lee Aikey (born 1978)
        Lilian Grace Guggenheim (born 2009)
        
        Katherine Joy Guggenheim (born 2010)
        
        Emily Faith Guggenheim (born 2013)
        
        Christopher Mark Guggenheim (born 1976)
        m. Cheryl Anne Brower (born 1973)
        Alexandra Anne Guggenheim (born 2014)
        
        Athena May Guggenheim (born 2014)
        
        Jonathan Paul Guggenheim (born 1978)
        Zoya Odette Guggenheim (born 2017)
        
        m. Stephanie Maddox (born 1951) (div.)
- Rose Guggenheim (1871–1945), m. Albert Loeb, the nephew of Solomon 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 Barbara Rothschild (1903–1999), m. William Donald Scott
  - Gwendolyn Fay Rothschild (1906–1983)

Businesses

The following is a list of businesses in which the Guggenheim family have held a controlling or otherwise significant interest.

ASARCO
Anglo-Lautaro Nitrate Corporation
Braden Copper Company
Chile Exploration Company
Farrar, Straus and Giroux
Guggenheim Investment Advisors
Guggenheim Partners
Kennecott Copper
Nevada Northern Railway
Newsday
Tradition Records
Yukon Gold Company

External links

Notes and References

Web site: Straus family | American family | Britannica .
Web site: Falaise Museum .
http://www.hls-dhs-dss.ch/textes/d/D24696.php Historisches Lexikon der Schweiz.
Davis, passim
Web site: Guggenheim Partners – Home . May 11, 2023.
News: Guggenheim 'Excited' About Private Equity, Likes Macro Funds . October 8, 2009 . Bloomberg. October 13, 2009.
News: 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 . August 1, 2018 . October 11, 1922 . The New York Times. October 11, 1922 .
Davis, p. 422
News: Audrey B. Love, 100, a Patron of the Arts . November 28, 2016 . November 27, 2003 . The New York Times . November 27, 2003 . Lueck . Thomas J. .
Filler, Martin. "Love Among the Ruins", Departures, March 30, 2010.
Davis, p. 145
Davis, p. 168
Davis, p. 82
Davis, p. 337
Davis, p. 326
News: 2 Guggenheim heirs die in 13-story fall: baby boy and brother drop. 1 August 2018. 20 October 1928. The New York Times. 20 October 1928 .
Davis, p. 328
News: William Guggenheim and Miss Amy Lelia Steinberger, the daughter of Mrs. Herman Steinberger. 1904. The New York Times.
Book: Davis, John. The Guggenheims: An American Epic. SPI Books. 1994. 436. 978-1-56171-351-6.
Davis, p. 439