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Richest man of Russia Alisher Usmanov decided to return the Nobel Prize medal of James D Watson

Dec 10, 2014 18:35 IST

Richest man of Russia Alisher Usmanov was in news in the first week of December 2014 as he decided to return the Nobel Prize medal to James D Watson which he bought for 4.8 million US dollars at auction from him.

He bought the Nobel Prize medal in order to return the medal to the American geneticist James D Watson, thinking that the medal will stay with the person who deserved it.

Watson was awarded for the discovery of the structure of DNA and he was awarded the Nobel Prize along with Maurice Wilkins and Francis Crick in 1962. Watson planned to donate part of the proceeds to charities and to support scientific research.  

According to Forbes magazine, Steel and telecom tycoon of Russia Alisher Usmanov is worth 15.8 billion US dollars. He is a major shareholder in Arsenal Football Club. He is the second richest man in Britain in 2014 according to the Sunday Times.

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