Winning The Nobel Prize

The prize ceremonies take place annually.
Each recipient, known as a laureate, receives a green gold medal plated with 24 karat gold, a diploma, and a monetary award.
As of 2023, the Nobel Prize monetary award is 11,000,000 kr, amounting to approximately US$1,035,000 USD

A prize may not be shared among more than three individuals, although the Nobel Peace Prize can be awarded to organisations of more than three people. Nobel Prizes are not awarded posthumously, but if a person is awarded a prize and dies before receiving it, the prize is presented.

The Nobel Prizes, beginning in 1901, and the Nobel Memorial Prize in Economic Sciences, beginning in 1969, have been awarded 609 times to 975 people and 25 organisations. Five individuals and two organisations have received more than one Nobel Prize.


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