how much money does the nobel prize winner get
Nobel Prize Between 1901 and 2017, the Nobel Prizes including the Economic Prizes were awarded 585 times to 923 people and organisations.[4] With some receiving the Nobel Prize more than once, this makes a total of 24 organisations, and 892 individuals.[4][12] The prize ceremonies take place annually in Stockholm, Sweden (with the exception of the peace prize, which is held in Oslo, Norway). Each recipient, or laureate, receives a gold medal, a diploma, and a sum of money that has been decided by the Nobel Foundation. (As of 2017[update], each prize is worth SEK 9,000,000 or about US$1,110,000, €944,000, £836,000 or INR 72,693,900)[1] Medals made before 1980 were struck in 23 carat gold, and later in 18 carat green gold plated with a 24 carat gold coating.
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Loan In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time.
Nobel Peace Prize The Nobel Peace Prize (Swedish: Nobels fredspris) is one of the five Nobel Prizes created by the Swedish industrialist, inventor, and armaments manufacturer Alfred Nobel, along with the prizes in Chemistry, Physics, Physiology or Medicine, and Literature. Since March 1901,[3] it has been awarded annually (with some exceptions) to those who have "done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses".[4]