How did mr Guggenheim make his money?

Mr. Guggenheim, specifically referring to Solomon R. Guggenheim, made his fortune primarily through mining and smelting operations in the late 19th and early 20th centuries. He invested in silver and gold mines, particularly in the Western United States, which proved to be highly lucrative. Additionally, he expanded his wealth through various business ventures, including the establishment of the Guggenheim family’s art collection, which later led to the founding of the Guggenheim Museum in New York.