The Nobel Prize in Literature is one of the five Nobel Prizes established by the will of Swedish industrial tycoon Alfred Nobel in 1895. It has been awarded annually since 1901 (minus a few years when it was not awarded).
It is considered the world’s most reputable prize for literature — and by far the most lucrative, with the prize money amounting to circa US$ 1 million or more.note This is owed to Nobel’s intention that the prize should allow laureates to continue their work unaffected from any further financial concerns.
The prize is awarded by the Swedish Academy. Nomination of candidates can only made on request, of which there are a few thousand each year. The decision-making process takes up more than nine months, from the nomination deadline on January 31 to the announcement of the winner in early October. The Nobel Prize Award Ceremony note each year takes place on December 10 (the anniversary of Alfred Nobel's death) in Stockholm. The prize is presented by the King of Sweden.
It is considered the world’s most reputable prize for literature — and by far the most lucrative, with the prize money amounting to circa US$ 1 million or more.note This is owed to Nobel’s intention that the prize should allow laureates to continue their work unaffected from any further financial concerns.
The prize is awarded by the Swedish Academy. Nomination of candidates can only made on request, of which there are a few thousand each year. The decision-making process takes up more than nine months, from the nomination deadline on January 31 to the announcement of the winner in early October. The Nobel Prize Award Ceremony note each year takes place on December 10 (the anniversary of Alfred Nobel's death) in Stockholm. The prize is presented by the King of Sweden.
To view the Nobel Prize winners list, please CLICK HERE.
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