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The Fundamental Physics Prize is awarded by the Fundamental Physics Prize Foundation a not-for-profit organization dedicated to awarding physicists involved in fundamental research which was founded in July 2012 by a Russian physicist and internet entrepreneur Yuri Milner. As of July 2012 this prize is the most lucrative academic prize in the world and is more than twice as big as the amount given to the Nobel Prize awardees. This prize is also dubbed by the media as the ‘XXI Century Nobel’.

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