From Malay Mail · · 1m 10s
Nobel Prize Cash Prize Rises to $1.21m in 2026
Nobel winners receive $1.21m cash prize in 2026, up from $1.01m in 2025.
In brief
Nobel winners receive $1.21m cash prize in 2026, up from $1.01m in 2025. Nobel Prize monetary award increases to 12 million kronor ($1.21 million) in 2026 for the 125th anniversary. Originally reported by Malay Mail.
Nobel Prize Cash Prize Increase
The Nobel Foundation announced the monetary reward for each Nobel Prize category will rise to 12 million kronor ($1.21 million) in 2026, up from 11 million kronor in 2025.
125th Anniversary Boost
This increase, equivalent to approximately $101,500, coincides with the 125th anniversary of the Nobel Prize.
Director's Statement
Hanna Stjarne, director of the Nobel Foundation, said the adjustment aims to maintain the prize's long-term financial value.
Prize Distribution Timeline
The medicine prize will kick off this year’s Nobel week on October 5, followed by physics, chemistry, literature, and peace prizes, with economics wrapping up on October 12.
Historical Context
The first Nobel prizes were awarded in 1901, when the prize sum was 150,782 kronor per discipline.
2026 Prize Timeline
The Nobel laureates will be announced from October 5 to October 12, 2026, with the medicine prize starting the week.
The essence
Nobel Prize monetary award increases to 12 million kronor ($1.21 million) in 2026 for the 125th anniversary.
