Early Life
Benjamin was born in Philadelphia, Pennsylvania, USA, the fifth of seven sons of the wealthy mining magnate Meyer Guggenheim (1828–1905) and Barbara Myers (1834–1900). In 1894, he married Florette Seligman (1870–1937), daughter of James Seligman, a senior partner in the firm J & W Seligman, and Rosa Seligman née Content. They had three daughters: Benita Rosalind Guggenheim (1895–1927), Marguerite "Peggy" Guggenheim (1898–1979) and Barbara Hazel Guggenheim (1903–1995).
Benjamin Guggenheim inherited a great deal of money from his father. He grew distant from his wife and for business reasons, was frequently away from their New York City home. He maintained an apartment in Paris, France.
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Famous quotes related to early life:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)