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How Nobel Winners Spend Their Prize Money
The honor and prestige of winning a Nobel may be priceless, but nobody would pursue prestige if it didn't pay. The Nobel Prize's 2009 cash value: a cool $1.4 million. Inside, a look at what laureates have done with the purse. By Richard Friebe
Rockefeller University's Günter Blobel, winner of the 1999 Nobel Prize in Physiology or Medicine, transferred the entire amount roughly $1 million to an account belonging to the city of Dresden, Germany. He earmarked the money for the restoration of the city's cathedral and the construction of a new synagogue. In 1945, from a refugee camp outside town, Blobel witnessed the Allied bombing of the city and the eventual collapse of the massive Dresden Frauenkirche. Later that year, his oldest sister was killed at age 19 in an air raid. "It was one of the great pleasures of my life to donate the entire sum of the Nobel Prize, in memory of my sister Ruth Blobel, to the restoration of Dresden," Blobel wrote at the time of the award. R.F.
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