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Russian Journalist Auctions $103.5 Million Nobel Peace Prize Medal For Ukrainian Children

Topline

Russian journalist Dmitry Muratov, who ran one in every of Russia’s final unbiased information sources, raised $103.5 million for youngster refugees from Ukraine Sunday by auctioning off the Nobel Peace Prize medal he received final 12 months.

Key Information

The 23-karat gold medal was offered by means of an internet portal with Heritage Auctions on Sunday, scheduled to coincide with the United Nations’ World Refugee Day.

It’s by far the most costly Nobel Peace Prize medal to ever promote at public sale, the earlier file having been the $4.76 million worth fetched in 2014 by the the 1962 medal awarded to American molecular biologist James Watson, who helped uncover DNA.

The proceeds will go to UNICEF, the United Nations’ humanitarian company that aids youngsters, for use to assist youngsters affected by Russia’s invasion of Ukraine.

Earlier than the sale, Muratov described the public sale as “an act of solidarity” with Ukrainians, in line with the New York Occasions, and instructed the Related Press he was significantly involved about the way forward for youngsters who’ve been orphaned throughout the disaster.

The Norwegian Nobel Institute that awards the peace prizes endorsed the sale of the medal for charity, which Director Olav Njølstad known as a “beneficiant act of humanitarianism.”

Tangent

Muratov was impressed to promote his medal by Niels Bohr, a Danish scientist who offered his personal Nobel Peace Prize to lift funds for Finland after it was invaded by the Soviet Union in 1939, in line with the New York Occasions.

Key Background

Muratov is the cofounder and longtime editor of Novaya Gazeta, an unbiased newspaper that was based in 1993 utilizing prize cash from former Soviet president Mikhail Gorbachev’s personal Nobel Peace Prize. The newspaper suspended publishing in March after going through stress from the Kremlin over its reporting on the invasion of Ukraine, saying it hoped to renew actions after the battle ends. When Muratov and journalist Maria Ressa, who works within the Philippines, have been collectively awarded the Nobel Peace Prize in October, Muratov instructed press retailers he thought the award ought to have gone to Russian opposition chief Alexei Navalny.

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