Nobel prize winners to get larger cash prize of US$1.21m in 2026
STOCKHOLM, Sept 19 — This year’s Nobel prize-winners, to be announced October 5-12, will receive 12 million...
The Nobel Prize, an esteemed accolade established in 1901, will see increased prize money in 2026, with winners set to receive US$1.21 million per discipline. The Nobel Foundation announced this change, effective from October 5, the date when the prizes will be awarded. The total amount per category will be 12 million kronor, up from the 11 million kronor awarded in 2025.
Hanna Stjarne, the director of the Nobel Foundation, highlighted the significance of this increase, stating that it is in line with the 125th anniversary of the Nobel Prize. The increase aims to preserve the financial aspect of the prize and ensure its continued value over time.
The Nobel Week will commence with the Medicine Prize on October 5, followed by Physics, Chemistry, Literature, Peace, and ending with the Economics Prize on October 12. Each award carries a share of the total prize money, distributed among multiple laureates if applicable.
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