French Engineer Snags $1 Million Picasso With $116 Raffle Ticket
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French Engineer Snags $1 Million Picasso With $116 Raffle Ticket
""When Péri Cochin first approached us, I immediately embraced her idea of a charity raffle, both original and compelling, placing art at the service of others.""
""The public's enthusiasm deeply moved me: it's a way to further Picasso's own lifelong commitment to the most vulnerable.""
A charity raffle in France allowed participants to win a Picasso painting for €100 ($116) each. The raffle raised €12 million ($14 million) for the Alzheimer's Research Foundation. Ari Hodara, the winner, purchased his ticket shortly before the raffle ended. The initiative was inspired by Péri Cochin, who aimed to make art accessible for fundraising. Claude Picasso supported the idea, emphasizing its alignment with his father's commitment to helping the vulnerable.
Read at Artnet News
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