Interesting Facts About Nobel Prize
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13 October 2024
The Nobel Prize is one of the most prestigious awards in the world, given annually in several categories such as peace, literature, chemistry, physics, medicine, and economic sciences
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Here are some interesting facts about the Nobel Prize:
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The Nobel Prize was established by the will of Alfred Nobel, a Swedish inventor, engineer, and industrialist who invented dynamite. In his will, Nobel left the majority of his fortune to fund the awards
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The first Nobel Prizes were awarded on December 10, 1901, five years after Alfred Nobel's death. The ceremony takes place annually on the anniversary of his death
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The original categories included Physics, Chemistry, Medicine, Literature, and Peace. In 1968, the Sveriges Riksbank (Swedish National Bank) added the Prize in Economic Sciences in Memory of Alfred Nobel
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While all Nobel Prizes are awarded in Sweden, the Nobel Peace Prize is awarded in Oslo, Norway. This was Nobel's specific wish, though no one is entirely sure why he wanted it this way
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Malala Yousafzai is the youngest Nobel laureate, having won the Nobel Peace Prize in 2014 at the age of 17
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Leonid Hurwicz, who was awarded the Nobel Prize in Economic Sciences in 2007, is the oldest laureate, receiving it at the age of 90
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Nobel Prizes are generally not awarded posthumously. However, if a laureate dies between the announcement and the ceremony, they still receive the award
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The amount of prize money varies, but in 2023, the prize was approximately 11 million SEK (Swedish kronor), or about $1 million per category
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