Picasso dealer donates £1.25m to charities

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

Dr Frederick Mulder, from Belsize Park, sold an impression of La Minotauromachie, an etching made in 1935, in New York for $3 million (£1.51 million).

He then gave most of the proceeds to environmental and Third World good causes.

Dr Mulder had owned the print, one of just 50 in the world, for 10 years before deciding to sell it and give 75 per cent of the money to charity.

He said: "I found myself in the position of just having sold the world's most expensive printed image in the form of Picasso's La Minotauromachie, in which Picasso contemplates a future of personal change.

"I had owned the object for many years and although it was a wrench to let it go I realised that, just as the print's imagery addressed the issue of a chaotic future, the assets the sale generated could also be used to address our chaotic future.

"I could use the profits for the issues I felt strongly about, in particular climate change, conflict prevention and Third World development." Dr Mulder, 64, added: "This is going to give sight to people, educate people and help charities working on climate change.

"One doesn't like to be too dramatic but all of this is as satisfying as having any work of art."

The money will be channelled into the The Funding Network, a charity Dr Mulder helped set up to encourage affluent people to donate. From there it will be given to international charitable projects.

Dr Mulder added: "I am under no illusions that this gift alone will transform the world but I believe that every investment in good people working on important issues helps to change the world in some way."