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Benjamin Guggenheim

Guggenheim family - Wikipedia

Benjamin Guggenheim (October 26, 1865 – April 15, 1912) was an American businessman, a wealthy member of the Guggenheim family. He died aboard RMS *Titanic* when the ship sank in the North Atlantic Ocean.

Guggenheim was born in Philadelphia, Pennsylvania, the fifth of seven sons of the wealthy mining magnate Meyer Guggenheim and Barbara Myers.

The first member of his family to enter an institute of higher learning, he entered Columbia College in 1882, matriculating with the class of 1887.

However, he found most of his courses boring and dropped out after his second year.[1][2][3]

He also attended the Peirce School of Business (now Peirce College), then one of the most prominent business schools in the country.[4] Guggenheim was Jewish.[5]

In 1894, he married Florette Seligman (1870–1937),[6] daughter of James Seligman, a senior partner in the firm J. & W. Seligman & Co. and Rosa Seligman, née Content.

Her family originated in Baiersdorf, Franconia, Germany.

Together, they had three daughters: Benita Rosalind Guggenheim (1895–1927), Marguerite "Peggy" Guggenheim (1898–1979) and Barbara Hazel Guggenheim (1903–1995).

Guggenheim inherited a great deal of money from his mother.

Due to business concerns, he grew distant from his wife and was frequently away from their New York City home.

He maintained an apartment in Paris, France.[7]