Pablo Picasso’s $449 Million Valued Works To Be Sold By His Granddaughter to Support Charity

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Marina Picasso-granddaughter of Pablo Picasso, is set to sell more than 10,000 original art works she inherited from her grandfather to support charity, reports the New York Times.

The online service provider for the international art market with headquarters in New York and Berlin, Artnet said in 2014 that Picasso’s work is valued around $449 million and Marina is said to own many of the most important celebrated works, including “La Famille,” a 1935 portrait of a depressed family at a picnic.

Marina said in an interview that the items will be auction but art expert predicts that the auction is likely take place individually, with no set of list of works for sale.

Last year, rumors emerged that she planned to sell just seven of her grandfather’s paintings which were said to value $304 million but the sale never happened.

But this particular sale will take place since it came from the horse’s own mouth. Some of the items that would be sold include iconic paintings, ceramics, drawings and sculptures. Marina said all the proceeds will go into her international charity project located in Vietnam, France and Switzerland.

Marina is said to have not gotten the best of treatment from his grandfather due to the sore relationship that existed between Pablo and Marina’s father. Marina’s father is said to have served Pablo as a driver and had to beg the wealthy man for money to buy food.

“People say I should appreciate my inheritance, and I do, but it is an inheritance without love. It was really difficult to carry this celebrated name and to have a difficult financial life. “, Marina told the New York Times.

From the way Marina spoke in the interview, it appears she still has not let everything go as long as her family issues are concern.

“It’s symbolic because I was born in a great family, but it was a family that was not a family, I think because of it, I developed my sense of humanity and my desire to help others”, she added.

 

The La Famille portrait in 1935 by Pablo Picasso
The La Famille portrait in 1935 by Pablo Picasso

On the International Art Market, artists are said not to be enthused with the planned sale of Pablo’s works as they believe buyers are likely to send the items forever, reducing some of the finest arts on the market.

Pablo Picasso was born on 25 October 1881 in the Spanish town of Malaga. He was a professional painter, sculptor, printmaker, ceramicist, stage designer, poet and a playwright.

As one of the greatest and most influential artists of the 20th century, he is known for co-founding the Cubist movement, the invention of constructed sculpture, the co-invention of collage, and for the wide variety of styles that he helped develop and explore. Among some of his most famous and greatest works are the proto-Cubist Les Demoiselles d’Avignon, Guernica-a portrayal of the Bombing of Guernica by the German and Italian air forces at the request of the Spanish nationalist government during the Spanish Civil War and the La Famille- a portrait of a depressed family at a picnic.

He spent most of his adult life in France where he died on 8 April 1973 (aged 91) in the southeastern town of Mougins.

He was one of the men with the longest names on earth. Try mentioning his name in full: Full name: Pablo Diego José Francisco de Paula Juan Nepomuceno María de los Remedios Cipriano de la Santísima Trinidad Ruiz y Picasso


Source:

http://mic.com/articles/110054/picasso-s-granddaughter-plans-to-sell-his-most-famous-works-for-charity?utm_source=policymicFB&utm_medium=main&utm_campaign=social

 

 

 

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