Nobel auctioned to benefit Ukrainian children fetches record $103.5 million
ByKelli Dugan, Cox Media Group National Content Desk
ByKelli Dugan, Cox Media Group National Content Desk
NEW YORK — Russian journalist Dmitry Muratov has raised $103.5 million for child refugees from Ukraine by auctioning off the Nobel Peace Prize medal he won in late 2021.
According to Heritage Auctions, all proceeds from Monday’s auction in New York, which coincided with World Refugee Day, will benefit UNICEF’s humanitarian response for Ukraine’s displaced children, Reuters reported.
“Mr. Muratov, with the full support of his staff at Novaya Gazeta, is allowing us to auction his medal not as a collectible but as an event that he hopes will positively impact the lives of millions of Ukrainian refugees,” the auction house said in a statement prior to the sale, the news outlet reported.
Muratov led Novaya Gazeta, one of the last major independent media outlets “critical of Vladimir Putin’s government after others either closed or had their websites blocked after the invasion of Ukraine,” The Guardian reported.
Muratov was awarded the Nobel Peace Prize medal in October and later announced he would donate the $500,000 prize money to charity “to give the children refugees a chance for a future,” the British news outlet reported.
In March, however, he suspended his newspaper’s operations in Russia after warnings from the state over its coverage of the war in Ukraine, Reuters reported.
According to Forbes, the previous auction record for a Nobel Peace Prize medal was the nearly $4.8 million fetched in 2014 by the 1962 medal awarded to American molecular biologist James Watson, who helped discover DNA.
The Norwegian Nobel Institute that awards the peace prizes endorsed the sale of Muratov’s 23-karat gold medal for charity, a gesture Director Olav Njølstad called a “generous act of humanitarianism,” the news outlet reported.
According to Reuters, journalist Maria Ressa, who works in the Philippines, was jointly awarded the Nobel Peace Prize alongside Muratov for what the Nobel Prize committee called “their efforts to safeguard freedom of expression, which is a precondition for democracy and lasting peace.”
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Nobel auction for Ukraine Dmitry Muratov, editor-in-chief of the influential Russian newspaper Novaya Gazeta, speaks to attendees during auctioning of his 23-karat gold medal of the 2021 Nobel Peace Prize, at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine Russian journalist Dmitry Muratov's 23-karat gold medal of the 2021 Nobel Peace Prize is displayed before being auctioned at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine Nobel Peace Prize winner Dmitry Muratov, editor-in-chief of the influential Russian newspaper Novaya Gazeta, poses for a picture next to his 23-karat gold medal before it is auctioned at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine A worker holds Russian journalist Dmitry Muratov's 23-karat gold medal of the 2021 Nobel Peace Prize before being auctioned at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine Dmitry Muratov, editor-in-chief of the influential Russian newspaper Novaya Gazeta, at podium, speaks to attendees during auctioning of his 23-karat gold medal of the 2021 Nobel Peace Prize, at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine A worker holds Russian journalist Dmitry Muratov's 23-karat gold medal of the 2021 Nobel Peace Prize before being auctioned at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine Dmitry Muratov, editor-in-chief of the influential Russian newspaper Novaya Gazeta, is seen near the posted final price after auctioning of his 23-karat gold medal of the 2021 Nobel Peace Prize, at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine FILE — Bidder Ole Bjorn Fausa, of Norway, holds the 1936 Nobel Peace Prize medal in Baltimore, March 27, 2014, the second Nobel Peace Prize ever to come to auction. The Nobel Peace Prize, won last October by Russian journalist Dmitri A. Muratov, will be offered at auction, Monday, June 20, 2022, with proceeds going to help children displaced by the war in Ukraine. (AP Photo/Patrick Semansky, File) (Patrick Semansky/AP)
Nobel auction for Ukraine People point to the screen that shows the final price for Russian journalist Dmitry Muratov's 23-karat gold medal of the 2021 Nobel Peace Prize after being auctioned at the Times Center, Monday, June 20, 2022, in New York. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
Nobel auction for Ukraine Dmitry Muratov, editor-in-chief of the influential Russian newspaper Novaya Gazeta, celebrates after auctioning off his 2021 23-karat gold medal Nobel Peace Prize at the Times Center, Monday, June 20, 2022, in New York. The Nobel Peace Prize that Muratov auctioned off to raise money for Ukrainian child refugees sold Monday night for $103.5 million, shattering the old record for a Nobel. (AP Photo/Eduardo Munoz Alvarez) (Eduardo Munoz Alvarez/AP)
