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eppur_se_muova

(36,259 posts)
Mon Jun 11, 2012, 06:37 PM Jun 2012

Nobel Prize reduces prize winners' cash amount (BBC)

Nobel Prize winners are to receive a smaller cash sum in future, after a cut to prize winnings was announced.

The Nobel Foundation said the economic crisis was to blame for the move, which will see a 20% cut in prize money.

The foundation said the returns on its capital had not grown at the same rate as its costs, and that future winners would receive $1.1m (£700,000).

The money that prize winners are awarded with was donated by the chemist Alfred Nobel in his will.
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(not much) more: http://www.bbc.co.uk/news/world-europe-18403328

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Nobel Prize reduces prize winners' cash amount (BBC) (Original Post) eppur_se_muova Jun 2012 OP
Well, forget it then. When I win it, I'm turning it down. Faygo Kid Jun 2012 #1

Faygo Kid

(21,478 posts)
1. Well, forget it then. When I win it, I'm turning it down.
Mon Jun 11, 2012, 07:06 PM
Jun 2012

I was only into that Peace Prize stuff for the money, anyway.

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