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Italian woman wins Picasso worth more than $1 million in fundraising raffle

Photo Credit: CNN
Photo Credit: CNN

An Italian woman won a Picasso painting worth 1 million euros ($1.1 million) in a fundraising raffle overseen by auction house Christie’s in Paris on Wednesday.

The initiative, “1 Picasso for 100 Euros” is organized by the Aider Les Autres (Help Others) charity, with the permission of the Picasso Administration. More than 51,100 people participated by buying a ticket for 100 euros ($110) each, with Claudia Borgogno emerging as the winner.

The 1921 oil painting known as “Nature Morte” (Still Life) had been in a private collection in France before this raffle. It is signed by the artist in the top left-hand corner.

Read full article on CNN Style

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