Background
Guggenheim was born in Philadelphia, Pennsylvania, son of Meyer Guggenheim and brother of Simon, Benjamin, Daniel and four other siblings.
Guggenheim was born in Philadelphia, Pennsylvania, son of Meyer Guggenheim and brother of Simon, Benjamin, Daniel and four other siblings.
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 pursue 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.
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 began collecting works of the old masters in the 1890s. He retired from his business in 1919 to devote more time to art collecting and in 1926, met artist Hilla Rebay.
In 1930, they visited Wassily Kandinsky’s studio in Dessau, Germany, and Guggenheim began to purchase Kandinsky"s work.
The same year, Guggenheim began to display the collection to the public at his apartment in the Plaza Hotel in New York City. Guggenheim"s purchases continued with the works of Rudolf Bauer, Marc Chagall, Fernand Léger and László Moholy-Nagy. Foundation and museum
In 1937, Guggenheim established the Solomon R. Guggenheim Foundation to foster the appreciation of modern art, and in 1939, he and his art advisor, artist Baroness Hilla von Rebay, opened a venue for the display of his collection, the Museum of Non-Objective Painting, at 24 East 54th Street.
Under Rebay"s guidance, Guggenheim sought to include in the collection the most important examples of non-objective art available at the time, such as Kandinsky"s Composition 8 (1923), Léger"s Contrast of Forms (1913) and Robert Delaunay"s Simultaneous Windows (2nd Motif, 1st Participant) (1912).
By the early 1940s, the museum had accumulated such a large collection of avant-garde paintings that the need for a permanent building to house the art collection had become apparent. In 1943, Guggenheim and Rebay commissioned architect Frank Lloyd Wright to design a new museum building.
In 1948, the collection was greatly expanded through the purchase of art dealer Karl Nierendorf"s estate of some 730 objects, notably German expressionist paintings. By that time, the museum"s collection included a broad spectrum of expressionist and surrealist works, including paintings by Paul Klee, Oskar Kokoschka and Joan Miró.
Guggenheim died in 1949 on Long Island, New York, and the museum was renamed the Solomon R. Guggenheim Museum in 1952.
The museum opened in New York City on October 21, 1959.