The Nobel Prizes is a set of Six annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advances. Since 1901, the Nobel Prizes have been presented to the Laureates at ceremonies.
The will of the Swedish chemist, engineer and industrialist Alfred Nobel established the five Nobel prizes in 1895. The prizes are widely regarded as the most prestigious awards available in their respective fields. The prize is not awarded posthumously; however, if a person is awarded a prize and dies before receiving it, the prize may still be presented.
A prize may not be shared among more than three individuals, although the Nobel Peace Prize can be awarded to organizations of more than three people.
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