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Winner of €1m Picasso 'thought it was a scam', organiser tells BBC

Winner of €1m Picasso 'thought it was a scam', organiser tells BBC

Summary

A man named Ari Hodara won a Pablo Picasso painting worth about €1 million in a charity raffle but initially thought the news was a scam. The raffle, which sold over 120,000 tickets at €100 each worldwide, raised €11 million for Alzheimer's research, and Hodara is still deciding whether to keep or sell the painting.

Key Facts

  • Ari Hodara won a Picasso painting valued at €1 million (£870,000; $1.2 million).
  • Hodara did not believe he won at first and needed to see the painting on a video call to be convinced.
  • The painting was shown from Christie's auction house in Paris.
  • The raffle sold more than 120,000 tickets, each costing €100.
  • The raffle raised €11 million (£10 million; $13 million) for Alzheimer's disease research.
  • The raffle had participants from around the world.
  • Ari Hodara has not decided if he will keep or sell the artwork.

Source Information