the prize considered equivalent to nobel prize for mathematics is
The Fields Medal
title: Mathematics text: years (except around World War II) to as many as four individuals. The Fields Medal is often considered a mathematical equivalent to the Nobel Prize. The Wolf Prize in Mathematics, instituted in 1978, recognizes lifetime achievement, and another major international award, the Abel Prize, was instituted in 2003. The Chern Medal was introduced in 2010 to recognize lifetime achievement. These accolades are awarded in recognition of a particular body of work, which may be innovational, or provide a solution to an outstanding problem in an established field. A famous list of 23 open problems, called "Hilbert's problems", was compiled in title: Nobel Prize text: the "Nobel Prize in Economics". The prizes are widely regarded as the most prestigious awards available in the fields of chemistry, literature, peace activism, physics, and physiology or medicine. The Royal Swedish Academy of Sciences awards the Nobel Prize in Chemistry, the Nobel Prize in Physics, and the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel; the Nobel Assembly at the Karolinska Institute awards the Nobel Prize in Physiology or Medicine; the Swedish Academy grants the Nobel Prize in Literature; and the Nobel Peace Prize is awarded by the Norwegian Nobel Committee. Between 1901 and 2018, the title: Wolf Prize in Mathematics text: Wolf Prize in Mathematics The Wolf Prize in Mathematics is awarded almost annually by the Wolf Foundation in Israel. It is one of the six Wolf Prizes established by the Foundation and awarded since 1978; the others are in Agriculture, Chemistry, Medicine, Physics and Arts. According to a reputation survey conducted in 2013 and 2014, the Wolf Prize in Mathematics is the third most prestigious international academic award in mathematics, after the Abel Prize and the Fields Medal. Until the establishment of the Abel Prize, it was probably the closest equivalent of a "Nobel Prize in Mathematics", since the Fields title: Fields Medal text: later. The Fields Medal is often described as the "Nobel Prize of Mathematics" and for a long time has been regarded as the most prestigious award in the field of mathematics. Unlike the Nobel Prize, the Fields Medal is only awarded every four years. The Fields Medal also has an age limit: a recipient must be under age 40 on 1 January of the year in which the medal is awarded. This is similar to restrictions applicable to the Clark Medal in economics. The under-40 rule is based on Fields' desire that "while it was in recognition of work already title: Fields Medal text: the 8,000,000 Swedish kronor (roughly 1,400,000 Canadian dollars) given with each Nobel prize as of 2014. Other major awards in mathematics, such as the Abel Prize and the Chern Medal, have larger monetary prizes compared to the Fields Medal. In 1954, Jean-Pierre Serre became the youngest winner of the Fields Medal, at 27. He retains this distinction. In 1966, Alexander Grothendieck boycotted the ICM, held in Moscow, to protest Soviet military actions taking place in Eastern Europe. Léon Motchane, founder and director of the Institut des Hautes Études Scientifiques, attended and accepted Grothendieck's Fields Medal on his behalf. In 1970,