The Nobel Foundation clarified earlier this week that the Nobel Prize cannot be given, even symbolically, to another person ...

The Nobel Foundation and Norwegian Nobel Committee have clarified that a Nobel Peace Prize cannot be transferred or passed on ...

The Nobel Foundation reaffirmed that its peace prize can’t be “passed on” after laureate Maria Corina Machado gave President ...

The foundation stressed on Sunday that the prize cannot "even symbolically, be passed on or further distributed" to someone ...

President Trump, during a White House news conference, again said he should have received the Nobel Peace Prize for his work ...

The prizes are traditionally highly coveted and prestigious, cherished by recipients, carrying global fame and a hefty financial reward for winners.

Forbes contributors publish independent expert analyses and insights. Jamie Hailstone is a U.K-based reporter, who covers sustainability. A bust of Swedish chemist, inventor and businessman Alfred ...