If you win a Nobel Prize, you receive a monetary award of 11 million Swedish Kronor (SEK).
Understanding the Nobel Prize Award
The financial component is a significant part of the Nobel Prize, acknowledging the groundbreaking achievements of laureates. This monetary sum aims to support the recipients in their continued work, research, or other initiatives.
What Does the Nobel Prize Include?
Beyond the substantial financial reward, a Nobel Prize laureate also receives other distinguished items that symbolize their immense contribution to humanity. The complete prize package includes:
- Monetary Award: 11 million SEK
- Nobel Medal: A unique gold-plated green gold medal, specifically designed for the respective prize category.
- Nobel Diploma: An artfully designed diploma created by Swedish and Norwegian artists and calligraphers.
Here's a quick overview of the Nobel Prize components:
| Component | Description |
|---|---|
| Monetary Award | 11 million Swedish Kronor (SEK) |
| Medal | A gold-plated green gold medal |
| Diploma | A personalized diploma |
Who Presents the Nobel Prize?
The Nobel Prizes are presented by different institutions, each responsible for specific categories, ensuring rigorous selection based on merit:
- Physics, Chemistry, and Economic Sciences: Presented by the Royal Swedish Academy of Sciences.
- Physiology or Medicine: Presented by the Nobel Assembly at the Karolinska Institute.
- Literature: Presented by the Swedish Academy.
- Peace: Presented by the Norwegian Nobel Committee.
