Categories: AwardsCurrent Affairs

Nobel Prize 2024 Winners List, Name, Fields, Prize Money

The 2024 Nobel Prize announcement started from October 7, recognizing outstanding scientific, economic, literature, and peace contributions. The Nobel prize announcement began with the award for medicine or physiology on October 7. The Awards will be giving into 6 categories. Nobel Prize 2024 is to be announced from October 7th to 14th, 2024. 

The Nobel Prize winner list 2024

Winner’s Name Category Topic
John J. Hopfield and Geoffrey E. Hinton Physics “for foundational discoveries and inventions that enable machine learning with artificial neural networks”
David Baker and Demis Hassabis and John M. Jumper Chemistry “for computational protein design” and “for protein structure prediction”
Victor Ambros and Gary Ruvkun Medicine “for the discovery of microRNA and its role in post-transcriptional gene regulation”
Han Kang Literature “for her intense poetic prose that confronts historical traumas and exposes the fragility of human life”
Nihon Hidankyo Peace “for its efforts to achieve a world free of nuclear weapons and for demonstrating through witness testimony that nuclear weapons must never be used again”
Daron Acemoglu, Simon Johnson and James A. Robinson Economics “for studies of how institutions are formed and affect prosperity”

About Nobel Prize

History

  • The Nobel Prize was set up when businessman and entrepreneur Alfred Nobel died and left the majority of his fortune to the establishment of prizes in physics, chemistry, physiology or medicine, literature and peace.
  • His will stated that the prizes should be awarded to “those who, during the preceding year, shall have conferred the greatest benefit to humankind.”

Who was Alfred Nobel?

  • Alfred Nobel was an inventor, entrepreneur, scientist and businessman who also wrote poetry and drama.
  • His varied interests are reflected in the Nobel Prizes which he laid the foundation for in 1895 in his last will and testament.

Award History

  • The first Nobel Prizes were awarded in 1901 and they have been awarded annually since then.
  • There have been years in that time when the Nobel Prizes have not been awarded - mostly during World War I (1914–1918) and II (1939–1945).

Categories

  • The Nobel Prize categories are,
  • physics, chemistry, physiology or medicine, literature and peace – these were laid out in the will of Alfred Nobel.
  • In 1968, Sveriges Riksbank Established the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
  • Sveriges Riksbank is the Swedish Central Bank.

Prize Money

  • The income from the investments was to be “distributed annually in the form of prizes to those who during the preceding year have conferred the greatest benefit to humankind.”
  • The Nobel Prize amount for 2024 is set at Swedish kronor (SEK) 11.0 million per full Nobel Prize.

Who selects the Nobel Prize laureates?

In his last will and testament, Alfred Nobel specifically designated the institutions responsible for the prizes he wished to be established.

  • The Royal Swedish Academy of Sciences for the Nobel Prize in Physics and Chemistry
  • Karolinska Institutet (now The Nobel Assembly at Karolinska Institutet) for the Nobel Prize in Physiology or Medicine
  • The Swedish Academy for the Nobel Prize in Literature
  • A committee of five persons to be elected by the Norwegian Parliament (Storting) for the Nobel Peace Prize.
  • The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was instituted in 1968, on the tercentenary of the bank.


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