Meyer Guggenheim
Meyer Guggenheim · Economics & Business
Swiss pedlar who emigrated in 1847 and built one of the great mining and smelting fortunes; organised M. Guggenheim's Sons in 1882, the firm that became Guggenheim Brothers.
1 February 1828, Lengnau, Aargau, Switzerland — 15 March 1905, Palm Beach, Florida, USA
Philadelphia and New York, USA
Meyer Guggenheim is recognized among Jewish contributors to Economics & Business — Swiss pedlar who emigrated in 1847 and built one of the great mining and smelting fortunes; organised M. Guggenheim's Sons in 1882, the firm that became Guggenheim Brothers.
Meyer Guggenheim was born in Lengnau, in the Swiss Aargau, to Simon and Schafeli Guggenheim, and was of Ashkenazi Jewish ancestry. The family left Switzerland for a reason worth stating plainly: after Meyer's mother died, his father hoped to remarry, and Swiss restrictions on poor Jews forbade the marriage — so in 1847 they emigrated to a country where no such rule applied. Meyer began as a pedlar, moved into importing, then bought into the silver mines of Leadville, Colorado, and built smelters across the United States and northern Mexico.
In 1882, with seven sons already in the business, he organised M. Guggenheim's Sons, later reorganised as Guggenheim Brothers. His descendants include Solomon R. and Peggy Guggenheim, and the publisher Roger W. Straus Jr., all in this directory.
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Source: https://en.wikipedia.org/wiki/Meyer_Guggenheim
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Swiss pedlar who emigrated in 1847 and built one of the great mining and smelting fortunes; organised M. Guggenheim's Sons in 1882, the firm that became Guggenheim Brothers.
Source: https://en.wikipedia.org/wiki/Meyer_Guggenheim