What's next? Vladimir Putin's prize for history? Or House of Saud prize for study of democracy? Well, money is money after all, and neither prize, once established, would be rejected or returned.
Mr. Milner. (Photo: Wikipedia/Debray Riveros)
It’s a question as old as semiconductors: Once you’ve racked up a couple of billion dollars investing in the tech sector, what are you to do with all that cash? Russian entrepreneur Yuri Milner–who’s made himself quite a nice little nest egg betting on companies like Facebook and Groupon–has a somewhat novel answer. The New York Times reports that he’s founded his very own Nobel Prize.
The Fundamental Physics Prize will dole out $3 million each to worthy, boundary-pushing thinkers. No experimental proof required, says Mr. Milner. [Read more]