Daniel Guggenheim

- born:
- July 9, 1856,Philadelphia, Pa., U.S.
- died:
- Sept. 28, 1930,Port Washington, N.Y. (aged 74)
- Notable Family Members:
- fatherMeyer Guggenheim
Daniel Guggenheim (born July 9, 1856,Philadelphia, Pa., U.S.—died Sept. 28, 1930,Port Washington, N.Y.) was an American industrialist and philanthropist who oversaw the expansion of his family’s vastmining empire in the early 20th century.
In 1891 his father,Meyer Guggenheim, consolidated about a dozen of the family’s mining operations into a trust known as theColorado Smelting and Refining Company. The trust acquired control of the American Smelting and Refining Company in 1901 and became the dominant force in the mining industry for the next three decades. Directing the trust until 1919 and exercising a dominant influence on it in the 1920s, Daniel Guggenheim expanded the family interests to include mines producing tin in Bolivia, gold inAlaska, copper in Utah, and diamonds in Africa, as well as nitrate fields in Chile and rubber plantations in what is now theDemocratic Republic of the Congo. His most notable philanthropies were the Daniel and Florence Guggenheim Foundation and the Daniel Guggenheim Foundation for the Promotion of Aeronautics.