Picasso’s Granddaughter Plans to Sell Art, Worrying the Market

MARSEILLE, France — Since Marina Picasso was a child, living on the edge of poverty and lingering at the gates of a French villa with her father to plead for an allowance from her grandfather, Pablo Picasso, she has struggled with the burden of that artist’s towering legacy.

When she was in her 20s and inherited the 19th-century villa, La Californie, as well as a vast trove of Picasso’s art treasures, she turned the paintings to face the walls in resentment. Through 15 years of therapy, she dissected bitter family memories of her grandfather’s perceived indifference and her brother’s suicide. In her 2001 memoir, “Picasso: My Grandfather,” she bared her pain and anger at the Picasso clan.

Now 64, Ms. Picasso acknowledges that she is expanding her rebellion by preparing to sell off many of his artworks to finance and broaden her philanthropy — aid for a pediatric hospital in Vietnam and projects in France and Switzerland benefiting the elderly and troubled teenagers.

And her unconventional sales approach is reverberating through international art markets, baffling dealers and art experts. In an interview, she said she would sell works privately and would judge “one by one, based on need,” how many, and which, of the remaining Picasso works, of about 10,000 that she inherited, she would put up for sale.

Ms. Picasso has not publicly disclosed what she is hoping to earn.

“The scale is enormous and it is obviously an important work,” said James Roundell, a dealer with Simon Dickinson Fine Art in London, who says it is worth “in the millions” of dollars.

Ms. Picasso, who is divorced and has five children, three of them adopted from Vietnam, said that selling more of Picasso’s art to expand her charities is a fitting use. In just the last year, she has donated 1.5 million euros, roughly $1.7 million, to the Hospital Foundation of Paris and France. Some of that went to the psychiatric emergency unit for teenagers, and Ms. Picasso also financed a project for elderly patients in long-term hospital care.

“I live now in the present,” she said. “The past rests in the past. But I will never forget, never. I respect my grandfather and his stature as an artist. I was his grandchild and his heir, but never the grandchild of his heart.”

The New York Times