Billionaire Will Raffle Away Picasso for Charity

Good News Notes:

“Billionaire art collector David Nahmad cannot remember why he bought “Nature Morte,” a small oil painting by Pablo Picasso.

Nahmad owns about 300 of Picasso’s works. So, his forgetfulness is understandable.

‘We bought so many Picassos now, I don’t remember the… reason,’ Nahmad said to Associated Press reporters from his home in Monaco.

The 72-year-old started dealing art with his brothers in the 1960s, paying as little as $5,000 for pieces by Picasso and building the collection of works that made them into billionaires.”

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