How many dollars is the Nobel Foundation now?

The world-famous Nobel Prize** has to pay up to $5 million in prize money every year. We can't help but ask: how many Nobel Prizes will there be?

In fact, the success of the Nobel Meeting, in addition to the huge donation of Nobel himself 100 years ago, is more important due to the financial management of the Nobel Society.

The Nobel Prize Society was founded in 1896 with a $9.8 million donation from Nobel. Since the ** club was established for the purpose of paying out the winnings, there is no room for error in the management. Therefore, in the early days of its establishment, it was clearly determined in its articles of association that the scope of investment should be limited to safe and fixed-income projects, such as bank deposits and government bonds.

This kind of investment principle that capital preservation is more important than return rate of return and safety is indeed a prudent approach. However, the result of sacrificing the rate of return was that with the annual bonus payment and operating expenses, after more than 50 years, by 1953 the assets of the association were only about 3 million US dollars.

Seeing that the assets of the first class would be exhausted, the directors of the Nobel Prize Association woke up in time and realized the importance of the return on investment to the accumulation of wealth, so they made a breakthrough change in 1953 and changed the management charter to change the original only allowed to deposit banks and buy public bonds to the financial management concept that should be based on investment and real estate. After the concept of asset management changed, the fate of the first company was reversed. In 1993**, total assets rolled to more than $200 million.

Excerpt from the June 8 issue of Labor Daily, author Xia Siyao.

Your question is very cutting-edge, Nobel will be managed by its internal management, investment and operation, so its cash is also in a dynamic form, so there is no such thing as how much money you say there is now, it is changing.

Speaking of the world-famous Nobel Prize, the most striking thing about it is that each winner can receive a prize of 8 million Swiss francs (equivalent to 6 million yuan). The Nobel Prize is worth a whopping 48 million Swiss francs a year.

One can't help but ask, how much money does the Nobel Prize have and how do they afford to spend so much money each year? In fact, the reason why the Nobel prize can be paid smoothly is due to the financial management of the Nobel Society, in addition to the huge amount of money donated by Nobel himself.

1) Collective financial management, professional management.

Pooling the funds of many investors and entrusting the manager to make joint investments shows the characteristics of collective financial management. By bringing together the funds of many investors, the accumulation of small amounts is conducive to giving full play to the scale advantage of funds and reducing investment costs. Investment management and operations are carried out by the Manager.

Managers generally have a large number of professional investment researchers and a strong information network, which can better track and analyze the market dynamically. The funds will be handed over to the best managers for management, so that small and medium-sized investors can also enjoy professional investment management services.

2) Portfolio investment to diversify risks.

In order to reduce investment risks, China's "Investment Law" stipulates that the investment operation must be carried out in the form of portfolio investment, so that "portfolio investment and risk diversification" have become a major feature of the company. The scientific nature of "portfolio investment and risk diversification" has been proved by modern investment science, and small and medium-sized investors are generally unable to diversify investment risks by purchasing different ** due to the small amount of funds. **Usually buy dozens or even hundreds**, investors buy ** is equivalent to buying a basket with very little money**, and the losses caused by some **** can be compensated by the profits of other ****.

Therefore, you can fully enjoy the benefits of portfolio investment and risk diversification.

3) Benefit sharing and risk sharing.

The investor is the owner. **Investors share risks and benefits. The surplus of investment income after deducting the expenses borne by ** is all owned by ** investors and is distributed according to the proportion of ** shares held by each investor.

The custodian and manager who provide services can only charge a certain amount of custody fees and management fees according to the regulations, and do not participate in the distribution of income.

4) Strict supervision and transparent information.

In order to effectively protect the interests of investors and enhance investors' confidence in investment, the China Securities Regulatory Commission has implemented stricter supervision over the industry, severely cracked down on various behaviors that are harmful to the interests of investors, and forced them to carry out more adequate information disclosure. In this case, strict supervision and information transparency have become a significant feature of the world.

5) Independent custody to ensure security.

The manager is responsible for the investment operation and does not handle the custody of the property. The custody of the property is the responsibility of a custodian who is independent of the administrator. This kind of checks and balances of mutual restraint and supervision provides an important guarantee for the interests of investors.

**It is recommended to hold it for a long time, and the income will be shallow.

Nobel's will said that his estate was donated and deposited in the bank, and the annual interest was used as a bonus to reward those who have made outstanding contributions to society, so it can also be said that the Nobel prize is the interest of Nobel's huge legacy.

It is to rely on the interest of the dead Nobel Prize.

The Nobel Prize was founded on June 29, 1900.

The Nobel Prize was established in accordance with the provisions of Alfred Nobel's will, which was signed in Paris on November 27, 1895, about a year before his death on December 10, 1896. It was later enacted by the King of Sweden in Parliament on June 29, 1900, and thus was officially established.

There are now six Nobel Prizes, three of which are in the natural sciences: physics, chemistry, medicine or physiology. The other three are literature, peace, and economics.

The Nobel Prize is administered by a committee of Sweden**, the Prize in Physics, Chemistry and Economics is awarded by the Royal Swedish Academy of Sciences, the Prize in Physiology or Medicine is awarded by the Carolinge Institute of Medical Surgery in Stockholm, the Prize for Literature is awarded by the Swedish Academy of Letters, and the Peace Prize is awarded by a five-member committee selected by the Norwegian Parliament.

The total amount of the Nobel Prize in 1896 was about 33 million Swedish kronor, or about 9.2 million US dollars. However, after a hundred years, the current total amount is about 600 million US dollars, and the annual interest of the empty waiter is about 10 million US dollars. It is used to distribute the annual Nobel Prize money of 6 major sparrows.

Soon after, Laguna Solman, the executor of Nobel's suicide note, liquidated his property and sold his shares in the factories opened by Nobel in chains of land around the world to form the Nobel Society.

Nobel's estate, after paying the property tax, became the source of the Nobel Society, totaling more than 33 million Swedish kronor, equivalent to 2 million pounds.