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Why can Nobel get a bonus after he has been dead for so long and has not spent all his money? How rich is he?
When Nobel died, he left nearly 32 million Swedish kronor to set up the Nobel Fund. For this money, Nobel strictly stipulates that it can only be used for "the most stable investment". At the beginning, the foundation strictly followed Nobel's wishes and used the fund for bank deposits or bonds, but the interest income it earned could not even run away from inflation. Moreover, before 19 14, the tax rate paid by the foundation was 10% per year, but in 19 15, Sweden imposed a "temporary national defense tax" because of the war, and the tax paid by the foundation increased exponentially. Although the Foundation applied for tax exemption and was approved, the 1953 Foundation has already faced bankruptcy due to currency devaluation.

But just this year, the Swedish government, which recognized the great influence of the Nobel Prize, stepped in and allowed the foundation to make independent investments against the Nobel will. In the same year, the United States also exempted the Nobel Foundation from all taxes in the United States. As a result, the Nobel Foundation decisively bet on global stocks and real estate, and the investment income grew steadily.

By the end of 1987, the total market value of Nobel Foundation's assets invested in American stocks had reached128.7 billion Swedish kronor. However, at the end of the 20th century, the Internet bubble broke out in American stocks, and the total market value of the assets held by the Nobel Foundation shrank. Since then, the foundation has hired the world's top investors and actuaries to trade for it. Coupled with the tax exemption policies of the governments of the United States, Sweden and other countries, today's Nobel Fund certainly has no reason not to make money.