‘Nobel Peace Prize Cannot be Passed on, Even Symbolically’: Nobel Foundation

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STOCKHOLM —  The Nobel Foundation has once again stressed that Nobel Prizes are non-transferable and cannot be shared or passed on, days after issuing a clarification that a laureate cannot share the prize with others or transfer it once it has been announced.

On Sunday, the Foundation said in a post on X that safeguarding the dignity of the Nobel Prizes and their administration is one of its core missions.

The post noted, “The Foundation upholds Alfred Nobel’s will and its stipulations. It states that the prizes shall be awarded to those who “have conferred the greatest benefit to humankind,” and it specifies who has the right to award each respective prize. A prize can therefore not, even symbolically, be passed on or further distributed.”

This comes after US President Donald Trump met Venezuelan opposition leader and Nobel laureate Maria Corina Machado on Thursday and said that she had presented her Nobel Peace Prize medal to Trump at the White House, describing the gesture as recognition for his support for Venezuelan freedom and democratic efforts.

Earlier on January 16, the official website for the Nobel Prize said, “A laureate cannot share the prize with others, nor transfer it once it has been announced. A Nobel Peace Prize can also never be revoked. The decision is final and applies for all time. The Norwegian Nobel Committee does not see it as their role to engage in day-to-day commentary on Peace Prize laureates or the political processes that they are engaged in. The prize is awarded on the basis of the laureate’ contributions by the time that the committee’s decision is taken.” — With inputs from Agencies

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