"Ari Hodara, who works in sales for a software company, said the painting - 'Head of a Woman,' created in 1941 - is unlike anything he has ever owned. 'It's a dream for me,' Hodara said. 'I mean, in my life, I never thought that I would have a Picasso.'"
"Péri Cochin, a French TV host who is the founder of 1 Picasso for 100 euros, said the organization was inspired by her mother's charity work. Her mother used to host gala dinners, which were effective at raising money, but 'so boring!' Cochin joked."
"The raffle sold 120,000 tickets and netted about $13 million for Alzheimer's research. The draw was at Christie's Paris. This is the third time since 2013 the organization has raffled off a Picasso painting for charity."
Ari Hodara won a Pablo Picasso painting valued at approximately $1.18 million in a charity raffle for Alzheimer's research. He purchased two tickets online for 100 euros each after seeing a news story about the raffle. The event raised about $13 million, selling 120,000 tickets. The organization, 1 Picasso for 100 euros, has held similar raffles since 2013, inspired by founder Péri Cochin's mother's charity work. Cochin aimed to make raffles more accessible by selling tickets online, receiving permission from Picasso's family to use his name.
Read at The Washington Post
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