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How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

author:Zhuge said wealth

The Nobel Prize is a lifelong dream that many people chase. It has been 120 years since the first Nobel Prize was awarded in 1901. In those 120 years, 919 scientists, artists and 24 groups have received this honor.

How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

When the Nobel Prize is awarded, the winner will also be awarded a prize money, the first Nobel Prize was a total of 150,000 Swedish kronor, and now it has grown to millions of Swedish kronor. This makes people wonder how much prize money Nobel left behind that year that can not be paid for so long?

First, the great scientist Nobel

Nobel was born in an ordinary family in 1833, and his health was not good since he was a child, and his family did not pay much attention to him, so Nobel did not receive a good education when he was a child. But Nobel did not give up, and he achieved good results in learning with his unremitting efforts and proud talent.

How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

At the age of 17, Nobel was given the opportunity to study at the Allison factory in the United States. Nobel did not stay at the Allison factory for the next four years, and spent the next four years traveling around Europe to learn various things. It is precisely because of these years of study and accumulation that Nobel's subsequent scientific research work can be carried out smoothly.

Nobel began to study explosives after returning to China, and finally developed nitroglycerin explosives through daily efforts. He then began to build factories in various places, accumulating a huge fortune. Nobel has made great achievements not only in chemistry, but also in the liberal arts fields of culture and philosophy.

How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

Perhaps it is precisely because Nobel devoted all his energy to scientific research that he never married and had children in his life. Before Nobel's death, he chose to donate all the wealth he had accumulated throughout his life to the foundation. This choice also caused a lot of controversy at the time, after all, he was a Swede, but he divided Swedish property among people all over the world.

Time has proved that Nobel's choice is right, and the existence of the Nobel Prize has given countless talents a direction to continue to work hard. From 1901 to the present, the Nobel Prize has been awarded for a hundred years, but the Nobel Prize has not yet been issued, which makes people wonder how much Nobel left behind at that time?

How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

Second, how much prize money Nobel left

In 1900 Nobel's estate was converted into 33.23 million Swedish kronor in cash, which at the time was about $9.2 million. Of this, 31 million Swedish kronor was set aside to form the Nobel Foundation. After the first Nobel Prize was awarded, the trend of issuing individual Nobel prizes has been increasing.

From 150,000 SEK in 1901 to 1 million SEK in 1980. That's to SEK 9 million in 2000. Even the total number of Nobel prize prizes awarded as of 2014 has far exceeded the initial 31 million Swedish kronor. So why are there more and more Nobel funds in the case of inheritance quotas?

How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

Third, why more and more

The Nobel Prize is a five-prize established by Nobel in 1895, including the Physics Prize , the Chemistry Prize , the Peace Prize , the Physiology or Medicine Prize , and the Literature Prize. The Nobel Prize as it is now known consists of six prizes, the sixth prize being the Nobel Prize in Economics established by the Riksbank in 1986 to recognize outstanding contributions to the field of economics.

The Nobel Prize was awarded for the first time in 1901, with each prize prize of SEK 150,000 in each year. Although 150,000 Swedish kronor is not much now, it was equivalent to the salary of a Swedish professor for 20 years in those days. From this point on, the Nobel Prize will be awarded and prize money will be awarded every year thereafter.

How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

The managers hired by the foundation are the world's top experts, so every year the foundation not only spends a large amount of money, but also has to pay high management costs. By 1953, the Nobel Foundation's total assets were just over $3 million. Even the Swedish government's announcement of a tax exemption for the Nobel Prize has done little to improve the Nobel Foundation's increasingly delicate form of assets.

At this time an expert named Foster Frice arrived at the Nobel Foundation. Under his leadership, the Bell Foundation began to invest in high-risk, high-yield projects such as stocks and real estate. In just six years, the Nobel Foundation's assets have multiplied several times. By 2019, the Nobel Foundation's assets had reached 3.48 billion Swedish kronor, or about 2.56 billion yuan.

How much prize money does Nobel leave, and why hasn't it been paid out in 120 years? Or even more and more?

After several years of investment, the annualized return of the Nobel Fund has been able to exceed 10% for a long time. In other words, conservatively calculating the annual income of the Nobel Foundation is at least 350 million Swedish kronor, or about 230 million yuan. It is very easy to give out Nobel prizes naturally in this form, which is why there will be more and more Nobel prizes.

After a hundred years of development, today's Nobel Prize is a supreme honor for everyone. As of 2021, the mainland already has 11 Nobel laureates. It is believed that after the unremitting efforts of talents in various industries, the number of Nobel Prize winners in the mainland will increase.