The Norwegian Nobel Foundation bestows annual prizes in five categories (physics, chemistry, medicine, literature, and peace), with economics lately being included.
How are the prize winners chosen? What do prize winners receive? What do prize winners do with their winnings? Who were the 2022 recipients of the Nobel Prize?
According to the Swedish businessman and inventor of dynamite Alfred Nobel’s bequest, the Norwegian Nobel Foundation presents a number of annual awards to people who have “contributed a great deal to the welfare of mankind” over the previous year.
Alfred Nobel left the majority of his income to support the awards, which were first given out in 1901.
The Bank of Sweden Prize in Economics was added as the sixth category to the award series by the Riksbank in 1968, despite the fact that it is not formally recognised as a Nobel Prize.
Svante Pappo, a Swedish geneticist, receives the 2022 Nobel Prize in Physiology or Medicine for his research on the genomes of extinct hominins and the development of the human species.
The recipients of the physics category’s 2022 Nobel Prize in Physics are Alan Aspect, John Clauser, and Anton Zelinger for their groundbreaking work in quantum information theory, Bell’s theorem, and studies with entangled photons (quantum entanglement).
The creation of click chemistry and orthogonal biochemistry earned Caroline R. Bertozzi, Morten Meldahl, and K. Barry Sharpless the 2022 Nobel Prize in Chemistry.
In literature, Annie Arnault will receive the 2022 Nobel Prize in Literature in recognition of her bravery and analytic skill in exposing the origins of individual memory, its alienating patterns, and its limitations as a collective.
The Nobel Prize in Economics will be awarded on Monday, while the Nobel Peace Prize will be announced on Friday.
The prize is accepted by several institutions in each of its fields each year. The Nobel Peace Prize is chosen in Norway, whereas five of the six prize categories are chosen in Sweden.
Academics, university professors, researchers, previous winners, and others are tasked with the nomination process.
Short lists of candidates should not be released prior to 50 years having passed since their selection, according to the regulations in place at the Nobel Foundation.
A laurel wreath is used to crown the Nobel laureate, as was customary in ancient Greek competitions.
If a person wins the same prize more than once, they can do so as long as they don’t win it more than three times.
For a few years, especially during World War II, the medal was withheld.
The Nobel Foundation’s guidelines also provide that if no one has made a case for why they should win in a given discipline, the prize will not be given in that field.
A Nobel Prize winner receives three items: a Nobel diploma, a beautiful work of art; the Nobel Medal, which features numerous artistic designs; and a financial prize of 10 million Swedish kronor ($900,000), which is split among the winners if there are several winners. Prior to receiving the cash award, the winner must deliver a lecture, which must be delivered on December 10th of that year.
At ceremonies held on December 10 of every year, the anniversary of Alfred Nobel’s passing, awards are given out in Stockholm and Oslo.
The cash awarded to Pierre and Marie Curie for winning the physics prize in 1903 was utilised to fund additional research.
The 2006 winner of the Physics Nobel Prize, John Mather, gave the award money to his academic foundation.
British biologist Richard Roberts used his prize money in 1993 to buy a croquet set, and another prizewinner Philip Sharp invested the same year on a traditional Federal-style home.
Medical Nobel Prize recipient Sir Paul Nurse purchased a high-end motorcycle in 2001.
Orkhan Pamuk, the author who won the Nobel Prize in literature, opened a museum in Istanbul in 2006. Quoted from the BBC.
What is the financial value of the Nobel Prizes, how are they given out, and who will be the recipients in 2022?
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