Ari Hodara, a 58-year-old software engineer from Paris, has won Pablo Picasso’s 1941 painting 'Head of a Woman' through a charity raffle. Hodara purchased a single €100 ticket for the '1 Picasso for €100' lottery after seeing an advertisement in a restaurant, eventually beating out 120,000 other participants to claim the work valued at approximately $1.2 million.
This event highlights the unique intersection of high-value art and mass-market philanthropy, raising €12 million for the Alzheimer’s Research Foundation. By leveraging the global brand of Picasso and the expertise of Christie’s, the raffle demonstrates an alternative model for arts-based fundraising that democratizes masterpiece ownership while generating significant capital for medical research.