Man wins €1m Picasso painting in €100 charity raffle
Summary
A man named Ari Hodara won an original Pablo Picasso painting worth over €1 million by entering a charity raffle that cost €100 per ticket. The raffle sold more than 120,000 tickets and raised about €11 million to support Alzheimer’s research.Key Facts
- Ari Hodara, a 58-year-old engineer, won a 1941 Picasso painting called "Tête de Femme."
- The painting is a gouache-on-paper portrait of Picasso’s partner, Dora Maar.
- Over 120,000 tickets were sold worldwide at €100 each for the charity raffle.
- The raffle raised around €11 million, with most funds going to France’s Alzheimer's Research Foundation.
- The raffle is called "1 Picasso for 100 euros" and started in 2013.
- Previous raffles also raised money for charitable projects in Lebanon, Cameroon, Madagascar, and Morocco.
- Hodara is based in Paris, making it easy to deliver the painting.
- The painting’s owner, Opera Gallery, will receive €1 million from the raffle proceeds.
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