The announcement of the Nobel Prize winners will take place next week, celebrating achievements in fields such as medicine, physics, chemistry, literature, economics, and peace. These awards are regarded as among the most prestigious honors globally, joining the ranks of legendary figures like Albert Einstein and Mother Teresa.
Among the nominees for the Peace Prize is former U.S. President Donald Trump, who has been nominated multiple times since 2018. His nomination was recently reiterated by a Republican congresswoman due to his role in facilitating the Abraham Accords, which normalized relations between Israel and several Arab states.
History and Structure of the Nobel Prizes
The Nobel Prizes were established by Swedish inventor Alfred Nobel, who held over 300 patents, including the invention of dynamite. Nobel’s wealth allowed him to create these awards, intended to honor those who have conferred the greatest benefit to humanity. The first prizes were awarded in 1901, five years after his death, with a sixth prize for economics added in 1968 by Sweden’s central bank.
While the economics prize is often included with the others, Nobel purists note that it is not a traditional Nobel Prize. Nominations for the prizes remain confidential for 50 years, as stipulated by Nobel’s statutes, although nominators can choose to disclose their recommendations. Self-nomination is not permitted, but nominees can be suggested multiple times by others, including members of the award committees.
The Nobel committees operate independently yet share the common goal of honoring Nobel’s vision. The Peace Prize is unique, being awarded for achievements made in the previous year and is the only prize presented in Oslo, Norway. In contrast, those receiving the scientific prizes in Stockholm often wait decades for their contributions to be recognized, ensuring that their breakthroughs have lasting significance.
Upcoming Announcement Schedule and Prize Details
The upcoming Nobel Prize announcements will commence on Monday, with the medicine prize revealed by a panel at the Karolinska Institute in Stockholm. Following this, the physics prize will be announced on Tuesday, chemistry on Wednesday, and literature on Thursday. The Nobel Peace Prize will be disclosed on Friday, and the Nobel Memorial Prize in Economic Sciences will conclude the announcements on October 13, 2025.
Each Nobel Prize carries a monetary award of 11 million Swedish kronor (approximately $1.2 million), along with an 18-carat gold medal and a diploma. Winners may share the prize money, with up to three laureates eligible for each award. The formal presentation of the prizes will take place on December 10, commemorating the anniversary of Nobel’s death.
For more information on the Nobel Prizes, visit the official coverage provided by the Associated Press.
