In 1975 Paulo passed away, and his children Marina and Bernard took his place as legal heirs. And finally Maya, Paloma and Claude were given the status of legal heirs as well. Part of the agreement included the collaboration of the heirs to create the Picasso Musée of Paris.
While he had numerous lovers, he married only two women. Officially, there is only one legitimate heir to his vast inheritance: his granddaughter Marina Ruiz-Picasso.
Marina Picasso (born 14 November 1950) is the granddaughter of Pablo Picasso. She inherited a fifth of her grandfather's estate and has used much of the inheritance to fund humanitarian efforts for children in need. She has five children and lives in Geneva, Switzerland and Cannes, France.
In 1895, Picasso was traumatized when his seven-year-old sister, Conchita, died of diphtheria.
Luckily for all, Weeping Woman was recovered 16 days after its theft. A tip-off led police and McCaughey to the lockers at Spencer Street railway station where the painting was found wrapped in paper and unharmed.
However, he never left a will and when he passed away in 1973 chaos started. There was only one legitimate child, Paulo, and Picasso's widow Jacqueline. But there were 3 illegitimate children (Maya, Paloma and Claude). And the French Government demanded millions in concept of tax inheritance...
Picasso's net worth was between $100 and $250 million when he died in 1973 according to an auditor. Picasso's heirs, wives, and mistresses wanted a piece of his estate. Having left no will before his death, the legal dispute dividing Picasso's assets among his heirs took six years.
Billionaire art dealer David Nahmad owns the world's largest private collection of works by Pablo Picasso. David Nahmad poses in front of a colorful work by French-born American artist Arman. Picasso's work has been a visual treat for the world. But to own one of his impeccable work is another story all by itself.
Picasso's 'La Gommeuse' oil on canvas painting worth $67.5 million. Among Pablo Picasso's famous paintings is La Gommeuse. Created between 1901 and 1902 during Picasso's Blue Period, this painting came to be worth $1.4 million in 1986. Since then, it saw a 5,600% value increase, landing it a $49.9 million price tag.
In all his life Picasso produced about 147,800 pieces, consisting of: 13,500 paintings, 100,000 prints and engravings, 300 sculptures and ceramics and 34,000 illustrations - an impressive 78-year career.
Pablo Picasso and Vincent Van Gogh never met. The Spanish painter discovered the Dutchman's work in Paris aged 19, when he was paying visits to independent salons.
The Succession Picasso is the legitimate right holder. The Succession Picasso is a joint ownership existing over the IP rights attached to the works and the name of Pablo Picasso. The Succession Picasso by itself does not own any work. Its members do, individually, as Pablo Picasso's heirs.
There's Raymonde, the adolescent girl Picasso and Fernande adopted, who having become of interest to Picasso, was swiftly sent back to the orphanage.
The Mona Lisa is priceless. Any speculative price (some say over a billion dollars!) would probably be so high that not one person would be able or willing to purchase and maintain the painting. Moreover, the Louvre Museum would probably never sell it.
He owned five homes and a large portfolio of stocks and bonds. “The Master” fathered four children with three women. He was also thought to have had $4.5 million in cash and $1.3 million in gold in his possession when he died. Once again, Picasso did not leave a will.
Casagemas (1880–1901), the son of the American consul general in Barcelona, was a year older than Picasso, his best friend.
Picasso's 'Head of a Woman' Sculpture Is to Be Sold for USD 30 Million.
Pablo Picasso holds the record for the artist with the most stolen artworks in the world, with more than 1,000 of his artworks reported missing.
Picasso, giant of art, dies at 91
He was 91 and had been ill for some weeks. A doctor called from the small village of Mougins, near Cannes, early in the morning said: “It was already too late when I arrived.” The cause of death was given as lung congestion.
Pablo Picasso worked up until the day he died at age 91, literally painting until 3 a.m., hours before his death on Sunday, April 8, 1973. His last well-known self-portrait, entitled Self Portrait Facing Death, was completed less than a year before his passing.
Never granting Olga a divorce, Olga and Picasso remained married until her death in 1955. And in 1961, Picasso would marry again at the age of 79 to a 27-year old Jacqueline Roque. He would paint her more than any of the other women in his life and even painted 70 portraits of her in just one year.
Picasso had two wives (Olga and Jacqueline) and four children by three women.
Yes, Lump the Dachshund is said to have been "the only animal Picasso took in his arms." But clearly Picasso had a great fondness for other breeds too, especially Afghans. As far as I can tell he owned three in his lifetime; Kabul, Kasbec, and Sauterelle. Here are some photos.