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A Parisian Man Just Won a $1 Million Picasso Painting with a $117 Raffle Ticket

Ari Hodara, a 58-year-old engineer from Paris, has won a Pablo Picasso painting valued at approximately $1 million after purchasing a raffle ticket for just 100 euros. The artwork, a 1941 gouache-on-paper titled "Head of a Woman," depicts the artist's muse Dora Maar and was provided by Opera Gallery. The raffle sold 120,000 tickets globally, successfully raising significant funds for charity.

Paris art enthusiast wins €1m Picasso painting in €100 charity raffle

Ari Hodara, a Parisian sales engineer and art enthusiast, won a 1941 Pablo Picasso portrait valued at over €1 million through a €100 charity raffle ticket. The draw, held at Christie’s in Paris, featured the painting 'Head of a Woman,' a portrait of the artist’s muse Dora Maar. The lottery successfully sold all 120,000 available tickets, raising a total of €12 million.

€1m Picasso painting to be won for €100 in charity raffle

A charity raffle in France is offering participants the chance to win a 1941 Pablo Picasso portrait, 'Tête de Femme', for the price of a €100 ticket. The initiative aims to sell up to 120,000 tickets to raise funds for the Alzheimer’s Research Foundation in Paris, with the painting's current owner, Opera Gallery, receiving €1m from the proceeds. The artwork will be displayed at Christie’s in Paris ahead of the drawing.

Marc Restellini’s ‘atom bomb’ of a Modigliani catalogue raisonné is finally published

After nearly three decades of legal disputes and intense research, Marc Restellini has finally published his definitive catalogue raisonné of Amedeo Modigliani’s oil paintings. Released through the Institut Restellini and Yale University Press, the six-volume work utilizes forensic scientific analysis, spectrometry, and archival evidence to authenticate the artist's oeuvre. The publication includes 100 newly authenticated works while excluding 15 previously accepted paintings due to a lack of definitive evidence, marking a shift from connoisseurship to a fact-based methodology.

Dream Win With a Catch

Traumgewinn mit Haken

A 58-year-old sales engineer from Paris has won a 1941 Pablo Picasso portrait titled "Tête de femme" through a charity raffle. The winner acquired the masterpiece, valued at approximately €1.45 million, by purchasing a single €100 ticket. Organized to benefit Alzheimer’s research, the international lottery sold 120,000 tickets across 152 countries, raising a total of €12 million.

Latin American Art: Structural Growth between Market and Institutions

Latin American Art: Structural Growth between Market and Institutions

Latin American contemporary art is experiencing structural growth and increased global visibility between 2024 and 2026, moving beyond speculative trends toward deep-seated institutional legitimacy. This shift is highlighted by the prominent inclusion of regional artists in major international platforms, most notably the 2026 Venice Biennale and the Pinault Collection. Key figures such as Rosanna Paulino, Adriana Varejão, and Paulo Nazareth are leading this movement, utilizing diverse media to explore themes of post-colonialism, racial violence, and ecological memory.

Hong Kong Art Gallery Kwai Fung Hin Opens First Overseas Outpost In Singapore

Hong Kong’s Kwai Fung Hin gallery has expanded internationally for the first time, opening a new outpost at 30 Beach Road in Singapore. Founded by former banker Catherine Kwai in 1991, the gallery specializes in 20th-century modern and contemporary art with a focus on cultural heritage. The new space launched with an exhibition titled “Worlds beyond Reality – Monet’s Legacy II,” featuring a masterpiece by Claude Monet alongside works by Zao Wou-Ki and Chu Teh-Chun.

Poly Auction Hong Kong Spring Auctions 2026 concluded on a high note

Poly Auction Hong Kong's Spring 2026 season concluded with a total of HKD 255 million in sales, representing a 23% increase over the previous autumn cycle. The auction was headlined by Liu Wei’s 1995 painting "You Like Pork?", which fetched HKD 27.6 million, followed by a Ming Dynasty 'Grapes' foliate-rim dish that sold for HKD 24.6 million. The event saw participation from collectors across 17 countries, with significant growth in the Modern and Contemporary Art and Jewels and Watches sectors.

A new watercolor by Marie-Désiré Bourgoin acquired by Orsay

Une nouvelle aquarelle de Marie-Désiré Bourgoin acquise par Orsay

The Musée d’Orsay has expanded its collection with the acquisition of a watercolor by Marie-Désiré Bourgoin. The work depicts a somber interior scene featuring an elderly woman in black seated before a commemorative display of the late painter Ernest Meissonier’s personal effects, including his Academician's sword, Legion of Honor insignia, and his final self-portrait on an easel.

A Bodybuilder’s 3,300-Year-Old Egyptian Stele Heads to TEFAF

A 3,300-year-old Egyptian stele once owned by bodybuilding pioneer Ben Weider is set to be a highlight at TEFAF New York this May. The limestone carving, which depicts Pharaoh Thutmose IV, was gifted to Weider in 1964 and recently surfaced at a Montreal auction before being acquired by the London-based gallery David Aaron. Alongside the stele, the gallery will present a 2,500-year-old greywacke bust of a goddess, which was recently authenticated after being dismissed as a fake due to its pristine condition and 18th-century restorations.

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

Poly Auction Hong Kong concludes spring sales - Vietnam Investment Review

Poly Auction Hong Kong concluded its Spring 2026 auction series with total sales exceeding HKD 255 million, representing a 23% increase over the previous autumn season. The sales were led by Liu Wei’s 1995 masterpiece "You Like Pork?", which fetched HKD 27.6 million, and a Ming Dynasty Blue and White 'Grapes' Dish that realized HKD 24.6 million. The auction saw participation from collectors across 17 countries, with significant growth in the Modern and Contemporary Art segment, which rose over 63% compared to the prior season.