Solomon Robert Guggenheim (February 2, 1861 – November 3, 1949) was an American businessman and art collector. He is best known for establishing the Solomon R. Guggenheim Foundation and the Solomon R. Guggenheim Museum in New York City.
Guggenheim was born into a wealthy mining family, and he founded the Yukon Gold Company in Alaska, among other business interests. He began collecting art in the 1890s, and he retired from his business after World War I to pursue art collecting. He eventually focused on modern art under the guidance of artist Baroness Hilla von Rebay, creating an important collection by the 1930s and opening his first museum in 1939.
Biography
Early life
Guggenheim was born in Philadelphia, Pennsylvania, son of Meyer and Barbara Guggenheim and brother of Simon, Benjamin, Daniel and five other siblings. He was of Swiss and Ashkenazi Jewish ancestry.
Following studies in Switzerland at the Concordia Institute in Zürich, he returned to the United States to work in the family mining business, later founding the Yukon Gold Company in Alaska. In 1891, he turned around the Compañia de la Gran Fundición Nacional Mexicana. He married Irene Rothschild, daughter of Victor Henry Rothschild, in 1895.
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