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This year’s winners of the world’s most prestigious Nobel Prize will receive 1 million Swedish crowns, or about $ 110,000 more than last year, said Lars Hackenstein, director of the Nobel Foundation. As a result, this year’s Nobel laureates will receive 10 million crowns.
The head of the Nobel Foundation released the information to the Swedish daily Dagen Industry on Thursday (September 24), Reuters news agency reported. Heikenstein said the prize money would increase from time to time.
Alfred Nobel, the discoverer of dynamite, left 31 million crowns for the honor. Which is equivalent to around 160 crore crowns in today’s market.
Although the Nobel Prize has been considered the most prestigious in the world for over a hundred years, its value has changed from time to time. Initially, the winners received one and a half lakh crowns, but then increased to one million crowns in 1971. Over the next two decades, the value of the coin skyrocketed. In 2000, each award was worth 9 million crowns; The following year, it increased to one crore crowns.
However, in 2012, the value of the award was reduced. From 2012 to 2016, 6 million crowns were awarded to the winners. In 2017, it increased again to 90 million crowns. A crore crown has been made again starting this year.
Source: Reuters.
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