2009 Nobel Peace Prize In a 36-minute speech, he discussed the tensions between war and peace and the idea of a "just war" saying, "perhaps the most profound issue surrounding my receipt of this prize is the fact that I am the Commander-in-Chief of the military of a nation in the midst of two wars." Obama is the fourth President of the United States to have won the Nobel Peace Prize (after Theodore Roosevelt, Woodrow Wilson and Jimmy Carter, with Carter's honor happening after leaving office). The winner is selected by the Nobel Committee from nominations submitted by committee members and others. Nominations for
Nobel Peace Prize the final decision has not been made until the last meeting before the official announcement at the beginning of October. The Chairman of the Norwegian Nobel Committee presents the Nobel Peace Prize in the presence of the King of Norway on 10 December each year (the anniversary of Nobel's death). The Peace Prize is the only Nobel Prize not presented in Stockholm. The Nobel laureate receives a diploma, a medal, and a document confirming the prize amount. , the prize was worth 10 million SEK (about US$1.5 million). Since 1990, the Nobel Peace Prize Ceremony is held at Oslo City