Seomthing i did not know about the NOBEL PRIZE: ($1.4 MILLION CASH)
 

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How much money does the Nobel Peace Prize winner receive?

Nobel Peace Prize Winner

A large monetary award is included with the Nobel Prizes, along with a Diploma.

Oh yeah... there's also the gratuitous praise and prestige.

Currently about 10 million Swedish Kronor (slightly more than one million Euros or US dollars is awarded to the winner).

Nobel peace prize winners and recent cash awards:

* In 2009 Barack Obama was awarded 1.4 million dollars

*

In 2007 the cash award was 1.5 million dollars.
*

In 2005 Mohamed El Bareidi received 1.3 million dollars


Check the link below from NobelPrize.org for the full list of winners and prizes:

sweet cash from Nobel, too bad i cant win one :)

a drop in the bucket when you consider how much you will make in grants or in book sales after you win something this prestigious.

who cares about the money, its the fucking Nobel price.

Why do you think they call it a prize..

I thought it was like the Oscars. Just ups your rep so you can command more.

Didnt' realize the Nobel swag bag had a million cash in there.

I thought it was a flat $1M, but considering it's a Norwegian organization it makes sense that it's subject to exchange rates.

I read somewhere that $$ is all interest from another pile of $$

@ LeRoy. Alfred nobel discover dynamite, got rich, left endowment.

why is it so surprising? it's probably one of the most prestigious awards one can achieve in the world...

I thought it was a flat rate of $1M per award.
WG

The guy that created it is the guy that invented dynamite.. He made the prize because he made a shit load of money with his patents and he felt bad on his death bed, that his invention was used to kill people so he created the prize as a way to be better remembered.

no need to bother - we are all pussies here so no1 is goona get it :pimp

Quoted for the truth... A Nobel laureate can easily command 100k for a 50min semInar

The laureates are given a sum of money when they receive their prizes, in the form of a document confirming the amount awarded.[84] The amount of prize money depends upon how much money the Nobel Foundation can award each year. The purse has increased since the 1980s, when the prize money was 880 000 SEK (c. 2.6 million SEK, US$350 000 or €295,000 today). In 2009, the monetary award was 10 million SEK (US$1.4 million, €950,000).[93][94] If there are two laureates in a particular category, the award grant is divided equally between the recipients. If there are three, the awarding committee has the option of dividing the grant equally, or awarding one-half to one recipient and one-quarter to each of the others.[95][96][97] It is not uncommon for recipients to donate prize money to benefit scientific, cultural, or humanitarian causes

no president of the us should ever be given ANYTHING regarding peace, they do nothing but start wars.

The Nobel Comittee is a Swedish organization, headquartered in Stockholm. They elect and award the following prizes:
Physics
Chemistry
Medicine
Literature
Those prices are all awarded from the hand of His Majesty, Carl Gustaf XVI, King of Sweden, in Stockholm, in December each year, followed by a big banquet with around 1300 sitting guest in the Stockholm City Hall. The dinner is televised world wide and is on of the largest, scheduled tuxedo dinners in the world.

The the Norwegian sub-section, award the Nobel Peace price and hold a separate award ceremony in Olso, Norway. The Norwegian Nobel committee is unfortunately elected by the Norwegian "congress", which makes the committee populated with politicians and thus makes a few of their choices for prize recipients somewhat political. This has led to many questions of how honorful the peace price really is.

Above those prices, the Swedish Federal Reserve Bank, in honoring it's 300 years of operations, decided to each year award a price in economics, "in memory of Mr. Alfred Nobel". The Swedish Federal Reserve has promised to match the sum of the other Nobel Prices each year and the price is awarded in Stockholm at the same ceremony as the other Stockholm prices.