Mistress of Modernism |Marguerite ”Peggy” Guggenheim (1898-1979)| American Art Collector, Bohemian & Socialite
After her father Benjamin Guggenheim went down with the Titanic in 1912, his eccentric daughter, Peggy, inherited $2.5 million (that’s $34 million today) which provided her an income of $22,500 a year in the form of a trust fund. In some circles, it was estimated she only inherited $450,000. Bored with New York, she moved to Europe to satisfy her voracious artistic and sexual appetites (Rumor has it she slept with 1,000 men!). She is well known for assembling a very notable modern art collection between 1938-46 from the likes of Duchamp, Pollock, Rothko, Calder, Kandinsky, Picasso, Miró, and many other prominent artists of the time.
(Top) 1950 Peggy in her palace on the Grand Canal | Photo: David Seymour | Venice
(Bottom) 1955 Portrait of Peggy | Photo: Oswald Kofler