SIMON GUGGENHEIM Biography - Bussiness people and enterpreneurs


Biography » bussiness people and enterpreneurs » simon guggenheim


Simon Guggenheim was born in Philadelphia, PA, on December 30, 1867. He attended     
the public schools of Philadelphia and Pierce Business School before going to       
Europe for two years to study languages. Guggenheim engaged in the mining and       
smelting business in the United States and Mexico; moved to Pueblo, Colo., in       
1888 as chief ore buyer for M. Guggenheim?s Sons, and became associated with his     
brothers in the management of the Philadelphia Smelting & Refining Co.               
Guggenheim moved to Denver in 1892 and was later elected as a Republican to the     
United States Senate, serving from March 4, 1907, to March 3, 1913. He chose not     
to run for reelection and moved to New York in 1913. Guggenheim was a member and,   
later, chairman of the board of the American Smelting & Refining Co. He was         
elected president of that company in 1919. In 1925, Guggenheim established in       
memory of his son, the John Simon Guggenheim Memorial Foundation for                 
scholarships for advanced study abroad. He remained active in financial             
interests until his death in New York City on November 2, 1941.