French Engineer Strikes Gold in Charity Raffle, Wins €1 Million Picasso

Zoe Martinez, Arts Correspondent
4 Min Read
⏱️ 3 min read

In an astonishing turn of fate, a French engineer has clinched an original Pablo Picasso painting valued at approximately €1 million (£868,950) after purchasing a mere €100 (£86.80) ticket in a charity raffle. Ari Hodara, a 58-year-old sales engineer based in Paris, was randomly selected during a live-streamed event at Christie’s, with ticket sales reaching a staggering €12 million (£10.4 million) from over 120,000 entries worldwide.

A Fortuitous Win

The draw took place on Tuesday, and Hodara’s disbelief was palpable when he received a video call from the organisers. “How do I know this isn’t a prank?” he quipped, revealing a mix of surprise and scepticism. He acknowledged that winning such a grand prize was far from his expectations when he bought the ticket just days before the draw. “When you bet on this, you don’t expect to win,” Hodara admitted, clearly still absorbing the reality of his newfound fortune.

The artwork in question, titled *Tête de femme* (“Head of a Woman”), is a gouache-on-paper portrait created in 1941, depicting Dora Maar, who was not just Picasso’s partner but also his muse. Olivier Widmaier Picasso, the artist’s grandson, described the piece, rendered in muted tones of grey, white, and blue, as capturing the somber essence of the wartime era while hinting at a glimmer of hope.

A Charitable Initiative

The raffle, now in its third iteration, was initiated in 2013 by French journalist Peri Cochin, gaining backing from Picasso’s family and foundation. This year marked a milestone, as all 120,000 tickets were sold for the first time in the raffle’s history, attracting participants from 52 countries. The proceeds will see €1 million directed to Opera Gallery, the international dealership that owned the painting, while the remaining funds, approximately €11 million (£9.5 million), will support Alzheimer’s research through France’s Fondation Recherche Alzheimer.

Olivier de Ladoucette, a representative of the foundation, expressed his concerns regarding the inadequate funding for Alzheimer’s research, calling it a significant public health issue that requires widespread involvement. “This Picasso initiative is one more building block so that one day Alzheimer’s will be nothing more than a bad memory,” he asserted, highlighting the importance of such fundraising efforts.

The Raffle’s Legacy

The Alzheimer Research Foundation, which orchestrated the raffle, is based in a prominent Parisian hospital and has emerged as France’s leading private financier of Alzheimer’s research since its establishment in 2004. Previous editions of this unique raffle have also successfully linked high-value artworks with charitable causes. In 2013, a 25-year-old American won Picasso’s *Man in the Opera Hat*, aiding preservation efforts in the UNESCO-listed city of Tyre, with €4.8 million (£4.1 million) raised. Similarly, in 2020, an Italian accountant won *Nature Morte*, with ticket proceeds benefitting sanitation and water projects across several African nations.

The initiative not only allows the public access to world-class art but also unites art enthusiasts with meaningful contributions to medical research.

Why it Matters

This remarkable event underscores the profound intersection of art and philanthropy, demonstrating how the allure of a masterpiece can galvanise support for critical health issues. As society grapples with the growing Alzheimer’s epidemic, raffles like this not only raise essential funds but also foster awareness and inspire collective action. Hodara’s windfall serves as a poignant reminder that fortune can favour the brave—and, in this case, the charitable.

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Zoe Martinez is an arts correspondent covering theatre, visual arts, literature, and cultural institutions. With a degree in Art History from the Courtauld Institute and previous experience as arts editor at Time Out London, she brings critical insight and cultural expertise to her reporting. She is particularly known for her coverage of museum politics and arts funding debates.
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