Monday, 5 January 2015

Photos: Pablo Picasso’s granddaughter, Marina Picasso is selling over $290 million of his art

Marina Picasso — the granddaughter of Pablo Picasso, who had a famously fraught relationship with the artist — is quietly selling off some of his works from her private collection for more than $290 million, Page Six has exclusively learned.
Picasso’s granddaughter selling over $290M of his art
She’s also unloading her grandfather’s famed Cannes villa, “La Californie.”
According to sources, Marina — the daughter of the artist’s son, Paulo Picasso — is selling at least seven of his works, including a 1923 portrait of Pablo’s first wife Olga, titled “Portrait de femme (Olga)” for about $60 million, a 1921 work titled “Maternité” for about $54 million, plus 1911’s “Femme a la Mandoline (Mademoiselle Leonie assie)” for around $60 million.
The works date from 1905 through 1965 and are being sold directly by Marina, who will meet clients personally in Geneva. Marina has written that Picasso refused to financially aid her family when she was a child.
Marina’s brother committed suicide in 1973, reportedly after not being allowed by Picasso’s second wife, Jacqueline, to see his grandfather at the time of his death.
“He drove everyone who got near him to despair and engulfed them,” Marina wrote of Picasso in a 2001 memoir.
She says that her inheritance was “given without love.”
A friend tells us of Marina’s decision to sell, “This is about letting go of the past.”
Spanish artist Pablo Picasso, pictured in 1971, was a prolific painter throughout his lifetime 
Another up for sale is the 1911 Femme a la Mandoline (pictured)A piece thought to be up for sale is his 1921 Maternite (pictured)

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