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

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

In a remarkable turn of events, a French engineer has clinched a stunning original Picasso painting valued at around €1 million (£868,950) after purchasing a €100 (£86.8) ticket for a charity raffle. Ari Hodara, a 58-year-old sales engineer based in Paris, was randomly selected as the winner during a live-streamed event from Christie’s in Paris, amid a flurry of excitement that saw over 120,000 tickets sold globally, raising an impressive €12 million (£10.4 million) for Alzheimer’s research.

The Winning Ticket

The draw took place on Tuesday, and the news was met with disbelief by Hodara when organisers contacted him via video call to announce his win. “How do I know this isn’t a prank?” he quipped, still grappling with the reality that fortune had smiled upon him. “I was surprised, that’s it. When you bet on this, you don’t expect to win,” he reflected during the call.

The coveted artwork, titled *Tête de femme* (“Head of a Woman”), was created in 1941 and features a poignant portrayal of Dora Maar, Picasso’s muse and partner. Rendered in a palette of grey, white, and blue, the piece encapsulates the somber yet hopeful spirit of its wartime context, as noted by Picasso’s grandson, Olivier Widmaier Picasso.

A Charitable Endeavour

Hodara’s serendipitous win is not merely a stroke of luck; it is part of a broader initiative aimed at funding critical Alzheimer’s research. The raffle, now in its third edition, was founded in 2013 by French journalist Peri Cochin, with backing from Picasso’s family and foundation. This year, for the first time, all 120,000 tickets were sold, drawing participants from 52 countries, which speaks volumes about the public’s enthusiasm for merging art with philanthropy.

Of the funds raised, €1 million will go to the Opera Gallery, the international dealership that owned the painting, while the remaining approximately €11 million (£9.5 million) will be donated to France’s Fondation Recherche Alzheimer. Olivier de Ladoucette, a representative from the foundation, expressed his frustration over the state of Alzheimer’s research funding, stating, “In our developed societies, we still haven’t understood that this is a major public health issue and that absolutely everyone needs to get involved.” He underscored the importance of initiatives like this to combat Alzheimer’s disease effectively.

A Legacy of Art and Charity

Previous iterations of the raffle have successfully linked high-value artworks with significant charitable contributions. In 2013, a 25-year-old American from Pennsylvania won Picasso’s *Man in the Opera Hat*, generating €4.8 million (£4.1 million) to support preservation efforts in the UNESCO-listed city of Tyre, Lebanon. Similarly, in 2020, an Italian accountant secured *Nature Morte*, a gift from her son, with the proceeds funding vital sanitation and water projects in multiple African nations.

The current raffle not only provides an opportunity for art lovers to acquire a masterpiece but also galvanises support for essential medical research.

Why it Matters

This initiative highlights the powerful intersection of art, philanthropy, and social responsibility. As Alzheimer’s disease continues to affect millions, the funds raised through such creative avenues are vital in advancing research and treatment options. By making high-value art accessible to the public, the raffle not only fosters a deeper appreciation for cultural heritage but also mobilises resources for pressing health challenges. Hodara’s unexpected windfall serves as a reminder of the profound impact that collective efforts can have on society’s most pressing issues, transforming a simple ticket purchase into a catalyst for 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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