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Since its establishment in June 29, 1900, the Nobel Foundation has been honoring men and women from various fields for their extraordinary work in field of Chemistry, Physics, Literature, Physiology or Medicine and work done for Peace.
Every year the by Swedish and Norwegian institutions recognize individuals that are worthy of the award. The Nobel Foundation, started in 1895 to honor the will left by Alfred Nobel has been managing the administration and finances of Nobel Prizes for more than a century.
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Over the years the Nobel Prizes have been shedding light on the outstanding work done by people across the world. The Nobel Foundation has recognized great inventions and other essential work at individual levels such as the discovery of X-Rays by Wilhelm Röntgen's, Radioactivity by Marie Curie, Sully Prudhomme and Rabindranath Tagore for achievements in Literature, Albert Einstein for the discovery of Photoelectric effect, Kailash Satyarthi for his struggle against suppression of children and many others.
2016 has also given us some of the most intriguing innovations and pieces of work that have been identified by the Nobel Foundation. Let us find out the distinct personalities who have been awarded the Nobel Prize in 2016.
Following are the Nobel Prize Winners of 2016:
| Name of the Person | Origin | Field | Work Done |
|---|---|---|---|
| Bengt R. Holmström | Finland | Economic Sciences | Contribution to Contract Theory |
| Bernard Lucas Feringa | Netherlands | Chemistry | Design and Synthesis of Molecular Machines |
| Bob Dylan | United Kingdom | Literature | Created new poetic expressions within the great American song tradition |
| David James Thouless | United Kingdom | Physics | Theoretical Discoveries of topological phase transitions and topological phase of matter |
| F. Duncan Michael Haldane | United Kingdom | Physics | Theoretical Discoveries of topological phase transitions and topological phase of matter |
| Jean-Pierre Sauvage | France | Chemistry | Design and Synthesis of Molecular Machines |
| J. Michael Kosterlitz | United Kingdom | Physics | Theoretical Discoveries of topological phase transitions and topological phase of matter |
| Juan Manuel Santos | Colombia | Peace | Brought the country’s 50-year-long civil war to an end |
| Oliver Hart | United Kingdom | Economic Sciences | Contribution to Contract Theory |
| Sir James Fraser Stoddart | United Kingdom | Chemistry | Design and Synthesis of Molecular Machines |
| Yoshinori Ohsumi | Japan | Physiology or Medicine | Discoveries of Mechanisms of Autophagy |
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The Nobel Laureates will receive the Nobel Medal, Nobel Diploma and a verification of the Nobel Prize amount on December 10, 2016 in Stockholm from King Carl XVI Gustaf of Sweden. The Nobel Peace Prize Laureates will receive the prize in Oslo from the Chairman of Norwegian Nobel committee in the presence of King Harald V of Norway.
