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Marguerite Peggy Guggenheim Biography: Art Collector
Famous for : Being the daughter of the American businessman Benjamin Guggenheim who went down with the Titanic ship. Peggy inherited a fortune from her father and became an influential collector of modern art. She was the niece of Solomon R. Guggenheim and married the artist Max Ernst.
Guggenheim details : Born - 26th of August, 1898 NYC, New York, USA / Died 23rd of December 1979

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Peggy Guggenheim Bio

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Peggy Guggenheim was a famous art collector in the early to mid 1900s. Although she's often associated with her wealthy family connections, Peggy was highly influential in promoting up and coming bohemian and avant-garde artists of the time and her collection has had historical significance in promoting modern art.

Peggy Guggenheim was born on August 26, 1898 in New York City to Marguerite and Benjamin Guggenheim who later died in the 1912 sinking of the Titanic. Despite the loss of her father at an early age, Guggenheim was brought up with in a very privileged and wealthy lifestyle in which she enjoyed the high society of New York.

Instead of continuing on to college after high school, Guggenheim decided to join the war effort in support of the first World War and eventually ended up as a clerk in a small bookstore. It was at the store that she first came into contact with the bohemian artist community and was astonished by the writers and visual artists that surrounded her in New York. While she managed to inherit a small fortune at the age of 21, Guggenheim was more interested in her artistic interests than high society and moved to Paris in 1920 to focus on art.

Paris culture immediately exposed her to an even greater society of avant-garde writers and artists. Peggy Guggenheim began befriending them in order to learn more about their lives and art. Some of her friends at the time included Man Ray, Constantin Brancusi, Marcel Duchamp, and Djuna Barnes. Guggenheim quickly decided to promote this new art and opened a gallary in 1938 in London. She named it Guggenheim Jeune.

Just after the outbreak of World War II, Guggenheim purchased as much abstract art as possible in order to fill her gallery. She worked hard promoting local and French artists during her first year, but quickly realized her gallery ran at a loss instead of a profit. Focusing her attention on preserving rather than selling art, Guggenheim closed her gallery in 1939 and focused on building the Museum of Modern Art in London.

Peggy Guggenheim, in partnership with Herbert Read, began planning the museum. Read gave Guggenheim a list of artists whose art they were hoping to purchase in order to fill the space. Armed with the list and luggage, Guggenheim set off to Paris to secure a loan. Less than a month later, World War II broke out and Guggenheim and Read had to abandon their plans. List in hand, however, Guggenheim set out to find Read's artists and purchase any and all available artwork they had.

Guggenheim was able to purchase a number of paintings by Picasso, Ernst, Man Ray, Dali, and Chagall before fleeing Europe in 1941. Artwork in hand, Guggenheim opened up a museum/gallery in New York to both preserve and sell old and new artwork. She was highly influential in the careers of Jackson Pollock, Verdun Howell, and Max Ernst, a man she later married and divorced.

In 1946 Guggenheim left New York and closed her gallery. She moved to Venice where she continued to collect art and, instead of opening her own museums, lent her art to other venues and museums in Europe and America. By the 1960s she stopped acquiring art and, instead, focused her attention on sharing it.

Peggy Guggenheim lived in Europe until she died on December 23, 1979. She is credited with being one of the most influential promoters of American modern artists.

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Peggy Guggenheim Quotes Famous Peggy Guggenheim Quotes

Having plenty of time and all the museum's funds at my disposal, I put myself on a regime to buy one picture a day.
Peggy Guggenheim - Art Collecting - Museum
- Buying

I took advice from none but the best. I listened, how I listened! That's how I finally became my own expert.
Peggy Guggenheim - Art Collecting - Advice - Best - Listening - Expert

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Peggy Guggenheim Biography - Life

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