The lawyer representing the Picasso family has disclosed that Paloma Ruiz-Picasso, the youngest child of Pablo Picasso, will assume the role of administrator for the estate overseeing the management of rights linked to the artist and his work. She will be succeeding her brother Claude in this position.
Paloma Picasso, aged 74, inherits the artistic legacy of her father, the legendary Spanish painter Pablo Picasso. While her family name carries great weight, she has made a name for herself as a thriving businesswoman, prominent fashion figure, and talented designer of perfumes, accessories, and jewelry. Her mother, the French artist Francoise Gilot, recently passed away in June.
Earlier this week, lawyer Jean-Jacques Neuer expressed the essence of Paloma Picasso’s assumption of the leadership of the world’s most prominent artistic succession. He highlighted that her appointment is considered ‘very important for the art world.’
The Picasso estate is collectively owned by Claude and Paloma Picasso, who are the children of the painter. Joining them in the ownership are the grandchildren of Pablo Picasso, including Marina Picasso, Bernard Ruiz-Picasso, Olivier Widmaier-Picasso, Diana Widmaier-Picasso, and Richard Widmaier-Picasso.
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The organization not only oversees the Picasso estate but also enjoys exclusive control over the copyright and reproduction rights of Pablo Picasso’s works, along with the trademark rights.
As part of its mission to uphold the authenticity of Picasso’s artworks, the organization issues authentication certificates and remains vigilant in the battle against forgeries. They are proactive in pursuing legal measures to protect Picasso’s artistic heritage.
The lawyer revealed that Claude Ruiz-Picasso, aged 76, had been the director since 1989 but expressed his wish to step aside and hand over the responsibility to his sister.
With France and Spain at the forefront, museums worldwide have curated a remarkable lineup of approximately 50 exhibitions this year, all dedicated to commemorating the influential artist’s legacy.