The award, bringing its lucky owner boundless respect and honor, world-wide fame and a considerable amount of money. Her appointed in 1901 for outstanding achievement in one of five areas: physics, chemistry, physiology or medicine, literature and peace, in accordance with the will of Swedish engineer and inventor Alfred Nobel. From 1969 on the initiative of the Swedish bank’s list of nominated areas falls and the economy. The current award is given annually, and its size is 10 million Swedish kronor (about 1.5 million dollars).