The monetary awards of “The Shaw Prize” is increased since 2016

The Shaw Prize Foundation announced the Shaw Laureates for 2016 on Tuesday.

The Shaw Prize consists of three annual prizes. The monetary award for each prize has been increased from 1 million USD to 1.2 million USD starting from this year.

The Shaw Prize in Astronomy 2016 is awarded in equal shares to Ronald W P Drever, Kip S Thorne and Rainer Weiss for conceiving and designing the Laser Interferometer Gravitational-Wave Observatory(LIGO).

The Prize in Life Science and Medicine 2016 is awarded in equal shares to Adrian Bird and Huda Y Zoghbi for their discovery of the genes which influences gene control as the basis of the developmental disorder Rett syndrome.

The Shaw Prize in Mathematical Sciences 2016 is awarded to Nigel J Hitchin for his far reaching contributions to geometry, representation theory and theoretical physics.

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