Q. What is the revised prize amount for Nobel Prize Winners, as of 2023?
Answer:
11 million Swedish crowns
Notes: The Nobel Foundation, responsible for administering the Nobel Prizes, has announced that this year's Nobel Prize winners will receive an additional 1 million Swedish crowns, bringing the total financial reward to 11 million Swedish crowns (approximately $986,000).
In 2012, the prize money was reduced from 10 million crowns to 8 million due to financial considerations. Subsequently, the amount was raised to 9 million in 2017 and further increased to 10 million in 2020, restoring it to its pre-2012 level.