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PICASSO : NARCISSICISM, SELFISHNESS AND VAMPIRISM

Cet article se compose de 11 pages.
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Marina sold the copyrights she had inherited to a U.S company belonging to Marilyn Goldberg for $ 9,5 million but the other heirs opposed that deal after Mrs Goldberg flooded the U.S markets with shoes, scarves, ties or other objects carrying the unskilful reproductions of Picasso's works. Claude, much jealous of Mrs Goldberg's success and eager to have a big share of the cake, created in 1989 the Picasso Administration in order to reap the profits of a similar venture.

Taking advantage of vast copyrights, the Picasso family earned huge amounts of money through the creation of Picasso cafés in the U.S, Argentine or Singapore while the turnover of the Picasso Administration group totalled some $ 2,5 million in 1997 thanks to inheritance rights (3%) allocated in France and in certain countries, but not in the U.S or in England, to all the heirs of those painters for a 70-year period following their deaths.

Claude has tried to obtain the right of authenticating Picasso's works but has met Maya's opposition so far. In 1996, she notably withdrew a drawing from an auction sale in Paris arguing that it was a fake.

Meanwhile, Olivier produces records and T.V broadcasts while his brother Richard runs a gallery in New York. Bernard, Paulo's son, is now working as a publisher and Marina is still involved in humanitarian deeds. Paloma divorced Rafael Lopez, with whom she had a dispute over their business, and is now remarried.

Picasso's heritage has torn his family apart 26 years after his death. Jacqueline, who did not manage to erase the past of the great master, committed suicide, following Marie-Thérèse Walter's example, shooting herself in the bed in which Picasso used to make love to her. Her daughter Catherine managed to pay her death duties thanks to the dispersion of 47 paintings, two sculptures, 19 ceramics and 24 sketchbooks.

The family's rights will run until the year 2043 and these will enable it to amass over $ 2,5 million a year up to that date. It was only through his death that Picasso finally paid the price of his selfishness, which developed during the years he felt desperate, thus giving a kind of revenge to his children and grand children who are now making huge profits via copyrights. Sadly enough, the death of such great master was their only comfort whereas throughout his life Picasso only triggered off dramas as a result of his love affairs.

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