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00:09It seems to me that you have an intuition for talent
00:12even before it's realized.
00:14Yes, maybe.
00:16What do these pictures
00:17mean to you yourself?
00:19Oh, they've become more or less the most important
00:22part of my life.
00:23I can't imagine now living without them.
00:25She'd carved out her niche for herself
00:28and she filled it and she made it
00:30as a collector and as a kind of
00:32collector that never quite existed before.
00:34She wanted this art as a
00:36mirror for her own strangeness.
00:38I think sex and art
00:41went absolutely
00:42hand in hand in her brain.
00:43She was talked about as such a
00:45slut for doing the same thing that all the
00:47men around her were doing.
00:49Peggy is a sort of model for the liberated woman.
00:57Peggy appealed to me because of her eccentricities.
01:00It's just a wonderfully colorful family.
01:02The Guggenheims progressed from selling
01:04door to door to having these enormous fortunes.
01:07You must have been extremely shocked
01:09when your father died on the Titanic.
01:11Yes.
01:12She actually helped artists to leave Europe
01:15to the United States.
01:16So she very much saved artists.
01:18You could have wound up in a concentration camp.
01:20Yes. Yes, I know that.
01:23She managed to put together one of the great collections
01:27of bottom art for the almost laughable sum of $40,000.
01:31Some of these prices are subjective
01:33because they're so rare.
01:35You're talking billions, billions of dollars.
01:37My father showed with her.
01:40My mother showed with her.
01:42She was a big part of their lives in 1946.
01:46Yeah, when I was three.
01:49I first met Jackson Pollock
01:51when he was working as a carpenter
01:52in my uncle's museum.
01:54So I rescued him from that.
01:56And how do you feel about walking down the ramp
01:58at the Guggenheim Museum
02:00and seeing your paintings
02:01in a completely different environment?
02:02Oh, my uncle's garage, yes.
02:04Well, it looks like a garage, doesn't it?
02:06I think if he saw this,
02:07now he'd turn into his grave.
02:09I came to Venice, which I'd always adored,
02:11which had been my dream city.
02:17Did you feel it was a crazy life?
02:20Definitely, yes.
02:21It was all about art and love.
02:30Yeah.
02:31Okay.
02:33All done.
02:33All done.
02:46Okay.
02:47All done.