Magazine content is available exclusively for TIME subscribers.Collections: Poor Peg's Treasure
"Oh God, I'm glad I'm a poor Guggenheim," says the lady in the silver fingernails with a twinkling pixy's ex pression in her eyes. But a Guggenheim Peggy emphatically is, granddaughter of the U.S. copper magnate, daughter of a millionaire who changed into his dinner jacket while the Titanic sank under him, and niece of Solomon R. Guggenheim, who bankrolled the Frank Lloyd Wright Museum in Manhattan.
Peggy inherited only $900,000 (half in 1912, half in 1939) and she has always persisted in behaving like the poor relation she is.
Like a modern Bo...
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