361:. Foundation moneys funded the Guggenheim Aeronautical Laboratories at Caltech (GALCIT) and the Guggenheim Aerospace Propulsion Laboratories at Princeton University. In 1927 he offered a $ 100,000 main prize and five $ 10,000 prizes for the "Guggenheim Safe Aircraft Competition", which required entered aircraft to be stable in rough air, land in 500 feet and take off in 300 feet, both over a 35-foot obstacle and be able to sustain flight at 35 mph, and 38 mph with the power off. 15 aircraft were entered of which only two, the American
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199:, in 1881 became the foundation for the Guggenheim fortune in mining. In 1884, Daniel returned to the US to help manage the family's booming mining and smelting business. Daniel helped to establish the Guggenheim mining and smelting business in Mexico, which by 1895 was earning profits of $ 1 million a year.
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wrote. Daniel was power hungry and tenacious. He suffered repeatedly with stomach ulcers and hypertension. The
Guggenheim family amassed enormous wealth through their mining enterprises. By 1918, the family fortune was estimated at $ 250 million to $ 300 million, making them among the richest people
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Daniel
Guggenheim, capitalist and philanthropist, donor of the $ 2,500,000 Daniel Guggenheim Fund for the Promotion of Aeronautics and developer of mining and other industrial interests in many parts of the ... His father had settled there in 1848 on arrival from Switzerland, ... Wielding a family
167:. By 1910 he directed the world's most important group of mining interests. He was forced out in 1922 and retired to philanthropy to promote aviation. His achievements include a system for innovation, as well as leadership in amicable labor relations, and major roles in aviation and rocketry.
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Long-simmering family disagreements reached a climax in 1922, when the older
Guggenheim brothers were accused of milking ASARCO, which they controlled, for the benefit of their family business, Guggenheim Brothers. The ASARCO board then voted the brothers out of control. After other family
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was awarded as the winner in dubious circumstances, and then
Handley Page sued Curtiss for unlicensed use of Handley Page slats, and worse, neither of the finalists saw production or service afterwards; however, indirectly, the competition influenced designers in building safer aircraft.
214:. By 1901 the Guggenheims had acquired control of ASARCO, and became the dominant force in the mining industry for the next three decades. Daniel was named chairman of the board of ASARCO, and directed the trust until 1919.
233:, and copper in Alaska, Utah, and Chile. Daniel Guggenheim's business policies affected entire nations. "It was said that Daniel could make or break a government with a telegram," his biographer
390:, a wealthy miner with ambitions for the development of Alaska and its railroads, in regards to financing Birch's developing copper claims. Guggenheim and his brother formed a
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and embroidery business, and to serve as a buyer for his father's import firm. The discovery of high-grade silver-lead ore in the
Guggenheim mines in
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In 1891 his father, Meyer, consolidated about a dozen of the family's mining operations into the
Colorado Smelting and Refining Company. The
612:"Daniel Guggenheim Dies Suddenly at 74 of Heart Disease; Philanthropist, Capitalist and Patron of the Arts Succumbs at Port Washington Home"
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402:. All of this sparked an "anti-Guggenheim" movement which was integral in political elections and appointments of 1908 in Alaska.
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Following his father's death in 1905, Daniel assumed control of the
Guggenheim family enterprises. Through ASARCO,
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Tower, Elizabeth (Spring 1990). "Captain David Henry Jarvis: Alaska's Tragic Hero--Wickersham's Victim".
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became a pilot and both became avid supporters of aviation technology. In the 1920s they established the
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159:(July 9, 1856 – September 28, 1930) was an American mining magnate and philanthropist, and a son of
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and other family-owned companies, the
Guggenheims mined tin in Bolivia, gold in the
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disagreements and business setbacks, Daniel retired in 1923 at the age of 67.
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On July 22, 1884, he married
Florence Shloss; they had three children:
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The Daniel
Guggenheim Aerospace Engineering Building at Georgia Tech
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Daniel and Harry Guggenheim – Supporters of Aviation Technology
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Aerofiles.com – The 1927 Guggenheim Safe Aircraft Competition
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power comparable only to that of the house of Rothschild, ...
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Daniel Guggenheim Fund for the Promotion of Aeronautics
277:. He died on September 28, 1930, at his palatial home,
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American mining magnate and philanthropist (1856–1930)
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696:The Guggenheims: The Making of an American Dynasty
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382:Guggenheim sparked controversy in the district of
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560:Wall Street, Banks, and American Foreign Policy
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698:(1937), is highly critical but full of detail.
183:and his wife Barbara. Meyer Guggenheim was of
536:Parrott-Sheffer, Chelsey (January 30, 2009).
679:The Guggenheims, 1848–1988: An American Epic
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563:. Ludwig von Mises Institute. p. 20.
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761:Central High School (Philadelphia) alumni
714:National Mining Hall of Fame Inductee Bio
453:10.1093/anb/9780198606697.article.1000700
206:then entered a lengthy struggle with the
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386:from 1906 onward. He was approached by
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771:American people of Swiss-Jewish descent
187:descent. Daniel Guggenheim was sent to
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689:The Guggenheims and the American Dream
593:"Florence Ahloss Guggenheim 1863–1944"
557:Rothbard, Murray N. (April 25, 2024).
208:American Smelting and Refining Company
801:Philanthropists from New York (state)
796:People from Port Washington, New York
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400:Copper River and Northwestern Railway
331:Massachusetts Institute of Technology
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731:Daniel Guggenheim Medal recipients
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319:California Institute of Technology
191:as a young man to study the Swiss
175:Guggenheim was born and raised in
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806:American businesspeople in metals
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477:The Guggenheims: An American Epic
786:Businesspeople from Philadelphia
591:Logan, Claudia (June 11, 2018).
275:Gladys Eleanor Guggenheim Straus
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621:. September 29, 1930. p. 1
323:Georgia Institute of Technology
756:American mining businesspeople
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225:, diamonds and rubber in the
317:for aeronautics research at
313:and provided grants via the
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440:American National Biography
431:O'Brien, Thomas F. (1999).
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241:Daniel was a member of the
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481:. New York: S.P.I. Books.
369:met the requirements. The
57:Philadelphia, Pennsylvania
776:Harvard University people
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301:During WWI, Daniel's son
283:Port Washington, New York
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129:Gladys Eleanor Guggenheim
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76:Port Washington, New York
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766:American philanthropists
359:University of Washington
321:, Princeton University,
243:National Security League
210:(ASARCO), backed by the
543:Encyclopædia Britannica
473:Davis, John H. (1994).
445:Oxford University Press
394:with Birch to form the
339:Northwestern University
307:Daniel Guggenheim Medal
267:Meyer Robert Guggenheim
152:Daniel Guggenheim, 1910
121:Meyer Robert Guggenheim
103:Daniel Guggenheim Medal
719:June 16, 2020, at the
597:Jewish Women's Archive
355:University of Michigan
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271:Harry Frank Guggenheim
249:, which was headed by
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97:Battle for control of
392:gentlemen's agreement
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434:"Guggenheim, Daniel"
367:Handley Page Gugnunc
687:Hoyt Jr., Edwin P.
681:, Shapolsky, 1988.
538:"Daniel Guggenheim"
517:"Daniel Guggenheim"
351:University of Akron
347:Syracuse University
343:Stanford University
335:New York University
309:for achievement in
197:Leadville, Colorado
694:O'Connor, Harvey,
618:The New York Times
327:Harvard University
299:
212:Rockefeller family
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142:Barbara Guggenheim
68:September 28, 1930
37:Guggenheim in 1925
781:Guggenheim family
570:978-1-61016-308-8
488:978-1-56171-351-6
412:Guggenheim family
204:Guggenheim family
157:Daniel Guggenheim
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25:Daniel Guggenheim
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396:Alaska Syndicate
365:and the British
303:Harry Guggenheim
219:Kennecott Copper
181:Meyer Guggenheim
139:Meyer Guggenheim
125:Harry Guggenheim
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525:. May 18, 2018.
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371:Curtiss Tanager
363:Curtiss Tanager
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112:Florence Shloss
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84:Alma mater
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703:External links
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683:Worldcat entry
675:Davis, John H.
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646:Alaska History
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94:Known for
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88:Peirce College
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72:(aged 74)
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285:. He was 74.
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261:Personal life
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623:. Retrieved
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177:Philadelphia
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163:and Barbara
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70:(1930-09-28)
53:July 9, 1856
18:
751:1930 deaths
746:1856 births
652:(1): 8–19.
625:February 1,
576:January 25,
458:February 1,
311:aeronautics
251:J.P. Morgan
247:World War I
189:Switzerland
740:Categories
418:References
357:, and the
165:Guggenheim
49:1856-07-09
658:0890-6149
171:Biography
135:Parent(s)
717:Archived
406:See also
289:Aviation
117:Children
691:(1967).
791:Asarco
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567:
485:
384:Alaska
378:Alaska
353:, the
349:, the
273:; and
231:Angola
185:Jewish
109:Spouse
99:ASARCO
78:, U.S.
59:, U.S.
281:, in
223:Yukon
161:Meyer
654:ISSN
627:2022
578:2012
565:ISBN
496:2019
483:ISBN
460:2022
193:lace
65:Died
43:Born
449:doi
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
