French Engineer Wins €1 Million Picasso in Charity Raffle, Funds to Aid Alzheimer’s Research

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

In a remarkable stroke of luck, a French engineer has secured an original Pablo Picasso painting valued at approximately €1 million (£868,950) through a charity raffle, after purchasing a €100 (£86.8) ticket just days before the draw. Ari Hodara, a 58-year-old sales engineer based in Paris, was chosen as the lucky winner during a live-streamed event held at Christie’s auction house.

A Raffle with a Heart

The charity raffle, which sold over 120,000 tickets globally, managed to raise a staggering €12 million (£10.4 million). The proceeds will significantly impact Alzheimer’s research, with €1 million allocated to Opera Gallery—the art dealer that owned the painting—while the remaining funds will support the Fondation Recherche Alzheimer in France. This initiative highlights the intersection of art and philanthropy, with participants from 52 countries taking part in the unprecedented event.

Hodara’s win was announced during a video call from the organisers, leading him to question the authenticity of the announcement. “How do I know this isn’t a prank?” he quipped, reflecting the disbelief that comes with such a fantastical occurrence. “When you bet on this, you don’t expect to win,” he added, encapsulating the surprise that many feel when fortune unexpectedly smiles upon them.

The Artwork: A Symbol of Hope and Reflection

The prize, titled *Tête de femme* (“Head of a Woman”), is a 1941 gouache-on-paper portrait of Dora Maar, Picasso’s esteemed partner and muse. Rendered in an evocative palette of grey, white, and blue, the artwork mirrors the somber atmosphere of its time, yet carries an underlying sense of optimism, as noted by Olivier Widmaier Picasso, the artist’s grandson.

Excited about his win, Hodara expressed plans to share the news with his wife upon her return from work, indicating his intention to keep the painting in their home. The personal connection to the artwork adds an emotional layer to this already extraordinary story.

A Proven Track Record for Charity

This year marks the third edition of the *1 Picasso for €100* raffle, which was first initiated in 2013 by French journalist Peri Cochin, with backing from Picasso’s family and foundation. This edition set a record for ticket sales, a testament to the growing interest in pairing high-value artwork with charitable causes. Previous iterations have also seen notable successes: in 2013, a 25-year-old American won *Man in the Opera Hat*, raising €4.8 million (£4.1 million) for preservation efforts in the UNESCO-listed city of Tyre. In another instance, an Italian accountant won *Nature Morte* in 2020, with proceeds helping fund sanitation and water projects across various countries in Africa.

The raffle aims not only to provide access to significant pieces of art but also to promote large-scale fundraising efforts that can make a real difference in critical areas such as medical research.

Why it Matters

The intersection of high art and charitable giving through initiatives like this highlights the potential for cultural engagement to effect meaningful change. With Alzheimer’s disease affecting millions and funding for research remaining alarmingly inadequate, initiatives like the *1 Picasso for €100* raffle shine a light on the need for innovative approaches to fundraising. By merging the allure of original art with the urgent need for medical advancements, this raffle not only brings hope to individuals battling Alzheimer’s but also encourages a broader conversation about the responsibilities we hold towards public health issues. In a world increasingly driven by consumerism, this model serves as a refreshing reminder of how art can transcend its aesthetic value to become a catalyst for vital social change.

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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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