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Nobel Prize season: 9 facts to know about the prestigious Nobel Prize

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Nobel Prize season: 9 facts to know about the prestigious Nobel Prize
nobel prize 2022






Top 9 Facts about Prestigious Nobel Prize

Nobel Prize season: The beginning of the month of October means the season of a prestigious award, the Nobel Prize. New faces from around the globe will be added to the list of the world’s most elite writers, scientists, economists and human rights leaders.

This year’s Nobel Prize season starts on Monday, Oct 03, with the medicine award, followed by daily announcements till Friday: physics on Tuesday, chemistry on Wednesday and literature on Thursday. The 2022 Nobel Peace Prize will be announced on Friday and the economics award on Oct 10.

Here are the top 9 interesting things to know about the Nobel Prize.

1- WHO CREATED THE NOBEL PRIZES?

The Nobel prizes were established by the will of a wealthy Swedish industrialist and the inventor of dynamite Alfred Nobel. The first awards were handed out in 1901, five years after Nobel’s death.

2- When was the first Nobel Prize handed out?

The first awards were awarded in 1901, five years after Alfred Nobel’s death.

3- How much is the prize Money?

Nobel prize is worth 10 million kronor (approx $900,000) and is handed out with a diploma and a 18- carat gold medal on Dec. 10. The Dec 10 is the date of Alfred Nobel’s death in 1896.

4- Initially Nobel Prize was awarded is the Field of :

The prizes in medicine, physics, chemistry, literature and peace were established by the will of Alfred Nobel.

5- The economics award added in Nobel Prize List Later:

The economics award Officially known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel – wasn’t created by the Alfred Nobel but it was created later by Sweden’s central bank in the memory of Alfred Nobel in 1968.

6-How many times award has been announced ?

In the period from 1901 to 2021, the Nobel Prizes and the prize in economic sciences have been awarded 609 times.

7-Who Can Nominate a Candidate?

Thousands of people around the world like university professors, lawmakers, previous Nobel laureates and the committee members themselves are eligible to submit nominations for the Nobel Prizes.

8- Who Knows Who Are Going to Win And Why?


The Nobel statutes prohibit the judges from discussing their deliberations for 50 years. it’s probably going to be a while before we know for sure how judges made their picks for 2022 and who was on their short lists.

The judges try hard to avoid dropping hints about the winners before the official announcements, but sometimes word gets out. Bookies in Europe sometimes offer odds on possible peace prize and literature Nobel winners.

9- Nobel Peace Prize Presented in Norway and Other Awards in Sweden, Why?


The exact reasons are unclear, but during Alfred Nobel’s lifetime, Sweden and Norway were joined in a union, It was dissolved in 1905. The Nobel Peace Prize is presented in Norway while the other awards are handed out in Sweden. That’s how Alfred Nobel wanted it to be.

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