11 June 2012

Pin It

Nobel Prize Cash amount reduced by Nobel Foundation

Nobel Prize Cash amount reduced by Nobel Foundation

Nobel Prize winners receive Cash, Medal and Diploma.


The Nobel Foundation is based Stockholm.

The money that prize winners are awarded with was donated by the chemist Alfred Nobel in his will.

The Nobel Foundation has reduced Nobel Prize Cash
Reason for reduction – Economic Crisis
How much prize reduction – 20%

The foundation said the returns on its capital had not grown at the same rate as its costs, and that future winners would receive $1.1m (£700,000).



Reality views by sm –

Monday, June 11, 2012

Tags – Nobel Prize Money

2 comments:

Matt June 11, 2012  

Still a nice sum and well deserved usually.