Russian Journalist Auctions Nobel Peace Prize For Record $103.5 Million To Raise Money For Ukrainian Kids

New Delhi: In a bid to help Ukrainian baby refugees, Nobel Peace Prize winner and Russian journalist Dmitry Muratov on Monday auctioned his prize for a whopping $103.5 million shattering the previous report for a Nobel prize. Heritage Auctions, which managed the sale didn’t reveal the identification of the customer however mentioned the profitable bid was made by proxy, reported information company AP.

Muratov, who was stunned on the bidding after the practically three-week public sale ended on World Refugee Day mentioned: “I hoped that there was going to be an infinite quantity of solidarity, however I used to be not anticipating this to be such an enormous quantity.”

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Muratov, who had acquired the Nobel Worth in October 2021, is the founding father of the impartial Russian newspaper Novaya Gazeta and was the publication’s editor-in-chief. Nevertheless, the publication was shut down in March amid the Kremlin’s clampdown on journalists and public dissent amid Russia’s invasion of Ukraine.

It’s then that Muratov determined to public sale his prize earlier than which he had already introduced donating the accompanying $500,000 money award to charity. Muratov shared the Nobel Peace Prize final 12 months with journalist Maria Ressa of the Philippines for his or her efforts to safeguard freedom of expression.

The proceeds of his sale will go to UNICEF to assist youngsters displaced by the struggle in Ukraine. Simply minutes after the bidding ended, the worldwide physique informed the public sale home it had already acquired the funds.

The web bidding course of, which began on June 1 and coincided with Worldwide Youngsters’s Day, witnessed a number of bids coming by means of phone or on-line. Muratov additionally left Russia for New York Metropolis to be part of the bidding course of.

Earlier, the Nobel Prize medal fetched $4.76 million in 2014. James Watson, who co-discovered the construction of DNA, bought the Nobel Prize that he gained in 1962. Three years later, the household of his co-recipient, Francis Crick, acquired $2.27 million in bidding additionally run by Heritage Auctions.