Nobel Prize

Nobel Prize
A golden medallion with an embossed image of Alfred Nobel facing left in profile. To the left of the man is the text "ALFR•" then "NOBEL", and on the right, the text (smaller) "NAT•" then "MDCCCXXXIII" above, followed by (smaller) "OB•" then "MDCCCXCVI" below.
Awarded forContributions that have conferred the greatest benefit to humankind in the areas of Physics, Chemistry, Physiology or Medicine, Literature, Peace, Economics.
Country
  • Sweden (all prizes except the Peace Prize)
  • Norway (Peace Prize only)
Presented by
Reward(s)A gold-plated green gold medal, a diploma, and a monetary award of 11 million SEK[2][3]
First award10 December 1901 (1901-12-10)
Number of laureates621 prizes to 992 laureates (as of 2024)[2]
Websitenobelprize.org

The Nobel Prizes (/nˈbɛl/ noh-BEL; Swedish: Nobelpriset [nʊˈbɛ̂lːˌpriːsɛt]; Norwegian: Nobelprisen [nʊˈbɛ̀lːˌpriːsn̩]) are awards administered by the Nobel Foundation and granted in accordance with the principle of "for the greatest benefit to humankind". The prizes were first awarded in 1901, marking the fifth anniversary of Alfred Nobel's death.[2] The original Nobel Prizes covered five fields: physics, chemistry, physiology or medicine, literature, and peace, specified in Nobel's will. A sixth prize, the Prize in Economic Sciences, was established in 1968 by Sveriges Riksbank (Sweden's central bank) in memory of Alfred Nobel.[2][4][5] The Nobel Prizes are widely regarded as the most prestigious awards available in their respective fields.[6][7]

Except in extraordinary circumstances, such as war, all six prizes are given annually. Each recipient, known as a laureate, receives a green gold medal plated with 24 karat gold, a diploma, and a monetary award. As of 2023, the Nobel Prize monetary award is 11,000,000 kr, amounting to approximately US$1,035,000.[3] The medal shows Nobel in profile with "NAT. MDCCCXXXIII-OB. MDCCCXCVI" which is his year of birth, 1833 (NAT) and year of death, 1896 (OB). No more than three individuals may share a prize, although the Nobel Peace Prize can be awarded to organisations of more than three people.[8] Nobel Prizes are not awarded posthumously, but if a person is awarded a prize and dies before receiving it, the prize is presented.[9]

Between 1901 and 2024, the five Nobel Prizes and the Prize in Economic Sciences (since 1969) were awarded 627 times to 1,012 people and organisations.[10] Five individuals and two organisations have received more than one Nobel Prize.[11]

  1. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel". Nobel Prize. Archived from the original on 5 December 2018. Retrieved 4 October 2021.
  2. ^ a b c d "Alfred Nobel's will". Nobel Prize. Nobel Foundation. 6 September 2019. Archived from the original on 27 June 2020. Retrieved 8 December 2020.
  3. ^ a b "The Nobel Prize amounts". The Nobel Prize. Archived from the original on 20 July 2018. Retrieved 29 September 2023.
  4. ^ "All Nobel Prizes". The Nobel Foundation. Archived from the original on 15 June 2020. Retrieved 6 October 2022.
  5. ^ "Nomination and selection of Laureates in Economic Sciences". Archived from the original on 10 May 2020. Retrieved 25 June 2018.
  6. ^ "Top Award, ShanghaiRanking Academic Excellence Survey" (PDF). IREG Observatory on Academic Ranking and Excellence. Archived from the original on 12 March 2019. Retrieved 29 March 2018.[clarification needed]
  7. ^ Shalev, p. 8.
  8. ^ Schmidhuber, Jürgen (2010). "Evolution of National Nobel Prize Shares in the 20th century". Archived from the original on 27 March 2014. Retrieved 9 October 2010.
  9. ^ "Montreal-born doctor gets posthumous Nobel honour". CBC News. 3 October 2011. Archived from the original on 6 February 2013. Retrieved 3 October 2011.
  10. ^ "All Nobel Prizes". NobelPrize.org. Retrieved 17 March 2025.
  11. ^ Multiple Nobel Laureates Archived 6 November 2018 at the Wayback Machine. Nobel Foundation. Retrieved 8 December 2020.

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