The 2024 Nobel Prizes are being awarded one by one, honoring remarkable achievements across various fields like medicine, physics, chemistry, peace, and literature. As one of the world’s most prestigious awards, the Nobel Prize is highly coveted. But have you ever wondered how much money a Nobel Prize winner actually receives? Let’s dive into the details!
Since 1901, the Nobel Prize has been awarded in the fields of medicine, physics, chemistry, peace, and literature, and is given by the Nobel Foundation. The founder of the Nobel Foundation is Alfred Nobel.
The Nobel Foundation, established by Alfred Nobel, began awarding this prestigious prize following the will, which was announced on December 30, 1896, in Stockholm.
At that time, the prize amount for each category was 150,782 kronor. The winners of the 1901 Nobel Prizes were as follows:
First Nobel Physics Prize: Wilhelm Conrad Röntgen (Germany)
First Nobel Chemistry Prize: Jacobus H. Van’t Hoff (Germany-Netherlands)
First Nobel Prize in Physiology or Medicine: Emil von Behring (German Empire)
First Nobel Literature Prize: Sully Prudhomme (France)
First Nobel Peace Prize: Jean Henry Dunant (Switzerland), Frédéric Passy (France)
In 2012, the Nobel Foundation introduced measures to strengthen its finances, reducing the prize from 10 million kronor to 8 million kronor. In 2017, the prize amount was increased from 8 million kronor to 9 million, and in 2020, it was raised to 10 million kronor.
Of course, the prestige of the Nobel Prize is far more significant than the amount you receive!