Abel Prize
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The Abel Prize is a prize awarded annually to outstanding mathematicians.
In 2001 the government of Norway announced that the two hundred year anniversary of Norwegian mathematician Niels Henrik Abel's birth (the year 2002) would mark the commencement of a new prize for mathematicians named after Abel.
Each year a board will point out the winner of the Abel Prize; the amount of money that comes with this prize is similar to the Swedish Nobel Prize. The reason for this prize is that the Nobel Prize offers awards to many a cunning scientist, yet not to mathematicians. Norway gave the prize an initial funding of 200,000,000 krone in 2001.
The prize has not yet been awarded to anyone.
See also: Fields Medal