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Fundamental Physics Prize

The Fundamental Physics Prize
Awarded for Transformative advances in fundamental physics
Country International
Presented by Fundamental Physics Prize Foundation
First awarded 2012
Official website Official Website

The Fundamental Physics Prize is awarded by the Fundamental Physics Prize Foundation, a not-for-profit organization dedicated to awarding physicists involved in fundamental research which was founded in July 2012 by Russian physicist and internet entrepreneur Yuri Milner.

As of July 2012, this prize is the most lucrative academic prize in the world and is more than twice as big as the amount given to the Nobel Prize awardees. This prize is also dubbed by the media as the 'XXI Century Nobel'.

As of July 2012, anyone can nominate a candidate through the FPP website. As of July 2012, each award is worth $3 million. The monetary value exceeds that of the prestigious Nobel Prize, which in 2012 stood at slightly more than $1.2 million. Physics Frontiers Prize laureates (those on the shortlist Fundamental Physics Prize) who do not go on to be awarded the Fundamental Physics Prize will each receive (as of 2013) $300,000 and will automatically be re-nominated for the Fundamental Physics Prize each year for the next 5 years.

The New Horizons for Physics Prize, awarded to promising junior researchers, carries an award of $100,000.

The winners of the 2013 prize are Niklas Beisert of ETH Zurich, for the development of powerful exact methods to describe a quantum gauge theory and its associated string theory; Davide Gaiotto of the Perimeter Institute for Theoretical Physics in Ontario, for far-reaching new insights about duality, gauge theory, and geometry, and especially for his work linking theories in different dimensions in most unexpected ways; Zohar Komargodski of the Weizmann Institute of Science in Israel for his work on the dynamics of four-dimensional field theories and in particular his proof (with Schwimmer) of the “a-theorem” which has solved a long-standing problem, leading to deep new insights.


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