The World Peace Prize was established in 1989 by the World Peace Corps Mission.The World Peace Prize is a historical award recognizing world leaders who contribute to the cultivation of peace for humanity regardless of personal cost and sacrifices; individuals who offer exceptional vision and leadership for the development of a better world.Since its inception in 1989, the World Peace Prize has been awarded periodically to individuals contributing to the causes of world peace by preventing regional conflicts or world war; by settling the disputes of political, diplomatic and economic matters; by developing new inventions to minimize threats and confusions within mankind.