Pablo Picasso's granddaughter sells off $290M collectionJanuary 19, 2015 - 16:10 AMT PanARMENIAN.Net - 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, The New Yorkl Post's Page Six has exclusively learned. 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.” Photo: AFP/Getty Images Related links: Top stories The creative crew of the Public TV had chosen 13-year-old Malena as a participant of this year's contest. She called on others to also suspend their accounts over the companies’ failure to tackle hate speech. Penderecki was known for his film scores, including for William Friedkin’s “The Exorcist”, Stanley Kubrick’s “The Shining”. The festival made the news public on March 19, saying that “several options are considered in order to preserve its running” Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |