How much does the Nobel Prize winner receive?

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Avatar for Giancs
Written by
3 years ago

Every year, the Nobel Prize honors people who contribute to the world with their work.

Despite the diplomas, medals and the recognition itself, the winners are also awarded a significant amount of money.

Not the amount you get for knocking out your opponent in the ring in 30 seconds, but it can easily change anyone's life.

How much does the winner receive?

The amounts vary and depend on the investments made by the Nobel Foundation each year.

The Foundation assigns a certain amount to each category and is distributed equally among the winners.

Until a couple of years ago, the winners were awarded a check for SEK 8 million, equivalent to $975,000. However, this figure is not exact and may vary due to economic factors.

Currently, winners can expect a prize of between 800 and 900 thousand dollars. Nothing bad.

Money is important, but recognition will remain in history. The satisfaction of contributing to the world and having a prize of this magnitude is something invaluable.

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Comments

Yes

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3 years ago

This is a remarkable reward. $800,000 to $900,000 is no joke. If a winner comes from Nigeria and exchanges that money to Naira, it is multimillion Naira. Kudos to Nobel Prize organizers.

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3 years ago

Wow such a huge amount. I think nobel group did not give prize to any mathematisian till now. If i am not wrong

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3 years ago