Russian journalist Dmitry Muratov auctioned his Nobel Peace Prize on Monday for a record $103.5 million with the proceeds donated to help Ukrainian children.
The auction-record amount will support United Nations Children’s Fund (UNICEF) child refugee fund, according to Heritage Auctions. The donation will support Ukrainian child refugees impacted due to Russia’s invasion of Ukraine.
“This award is unlike any other auction offering to present,” Heritage Auctions said in a statement ahead of the sale.
“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,” it added.