Peggy Guggenheim in Venice, Italy late 1950, was the daughter of the American businessman Benjamin Guggenheim who went down with the Titanic ship. Peggy inherited a fortune from her father and became an influential collector of modern art. She was the niece of Solomon R. Guggenheim and married the artist Max Ernst. . . . "Having plenty of time and all the museum's funds at my disposal, I put myself on a regime to buy one picture a day."