What do those who are awarded the Nobel prize do with their million dollar prize money. Do they put it toward their research or do they usually toss it into a high interest savings account?
2006-10-04 19:03:39 · 3 answers · asked by Arch Teryx 3 in Science & Mathematics ➔ Other - Science
I lost all of my Nobel prize money in a game of dice.
2006-10-04 19:08:25 · answer #1 · answered by rmtzlr 2 · 0⤊ 0⤋
The only one I know for sure is Richard Feynman, who won the Nobel Prize in physics many years ago. He bought a house with some of his award money.
Amended: I recall that Mother Teresa, when she won the Peace Prize, used all of her prize money for her charitable concerns.
I think it depends on the person. There's no requirement as to what they do with the money, so it's up to them.
2006-10-05 02:12:15 · answer #2 · answered by j3nny3lf 5 · 0⤊ 0⤋
Mostly they give back to labs where they work. It is ethical principle as a researcher.
2006-10-05 02:10:59 · answer #3 · answered by tls.bhaskar 3 · 0⤊ 0⤋