The Nobel Foundation reassesses upwards the amount of its prizes for the year 2023

This year’s Nobel Prize winners will receive an additional 1 million crowns (nearly 84,000 euros), bringing the total financial reward to 11 million Swedish crowns (around 923,000 euros), the Nobel Foundation announced on Friday. The amount of this bonus has been adjusted sometimes upwards and sometimes downwards in recent years, the latter revaluation reflecting the stronger financial situation of the foundation. In 2012, the prize money was reduced from 10 million crowns to 8 million, as the Foundation sought to consolidate its finances. The amount of the prize was then increased to 9 million in 2017 and to 10 million in 2020, i.e. the 2012 level. The arbitrages on these amounts also depend on the fluctuation in the rate of the Swedish crown which has lost around 30% of its value. value compared to the euro. To the point that the latest increase will not make the winners feel much richer, unless they are Swedish themselves. This year, the Nobel Prize in Medicine will be the first awarded, as is tradition now, and will be announced on October 2, followed by those in physics, chemistry, literature and the Nobel Peace Prize.