Paris Engineer Wins Picasso in €12 Million Charity Raffle at Christie's

Overview

• The Christie's Paris raffle, which drew Tuesday, awarded Picasso's 1941 'Tête de femme' to Ari Hodara of Paris.
• All 120,000 tickets priced at €100 sold, bringing in €12 million from buyers in 52 countries.
• Organizers said €1 million goes to the work's owner Opera Gallery, with the balance to the Foundation for Alzheimer Research.
• The winner was announced on a live stream as ticket number 94,715, and Hodara said he bought his entry over the weekend.
• This third raffle, created by producer Péri Cochin after editions in 2013 and 2020, extends a model that has already raised more than €10 million.