THE ABEL PRIZE
The Abel Prize is awarded annually by the King of Norway to one or more outstanding mathematicians . It is named after the Norwegian mathematician Niels Henrik Abel (1802–1829) and directly modeled after the Nobel Prizes . It comes with a monetary award of 7.5 million Norwegian kroner (NOK) (increased from 6 million NOK in 2019). The Abel Prize's history dates back to 1899, when its establishment was proposed by the Norwegian mathematician Sophus Lie when he learned that Alfred Nobel 's plans for annual prizes would not include a prize in mathematics . In 1902, King Oscar II of Sweden and Norway indicated his willingness to finance the creation of a mathematics prize to complement the Nobel Prizes, but the establishment of the prize was prevented by the dissolution of the union between Norway and Sweden in 1905. It took almost a century before the prize was final...
