Private prizes now offer more money than the Nobel

Finance
Private prizes now offer more money than the Nobel

While the Nobel Prize offers prestige, a new wave of Silicon Valley awards is handing out triple the prize money to scientists solving the world's rarest diseases.

The Nobel Prize may be the world's most famous scientific honor, but it is no longer the most lucrative. The Breakthrough Prize, often called the Oscars of Science, awards individual winners 3 million dollars—roughly triple the amount of a Nobel. Founded by tech giants like Sergey Brin and Mark Zuckerberg, these prizes are designed to turn researchers into celebrities, celebrating achievements ranging from particle physics to the mapping of rare genetic disorders.

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