Solomon R. Guggenheim

Solomon R. Guggenheim

Solomon Robert Guggenheim (February 2, 1861 – November 3, 1949) was an American businessman, art collector, and philanthropist. He is best known for establishing the Solomon R. Guggenheim Foundation and the Solomon R. Guggenheim Museum in New York City.

Born into a wealthy mining family, Guggenheim founded the Yukon Gold Company in Alaska, among other business interests. He began collecting art in the 1890s, and after World War I, he retired from his business to spend his full time art collecting. Eventually, under the guidance of artist Hilla von Rebay, he focused on the collection of modern and contemporary art, creating an important collection by the 1930s and opening his first museum in 1939.