Taiwanese tycoon offers Nobel-type prizes - Israel News, Ynetnews

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Taiwanese tycoon offers Nobel-type prizes

Published: 01.28.13, 11:12 / Israel News

A Taiwanese tycoon with vast business interests in mainland China is setting up what local media are calling Asia's Nobel Prizes for outstanding achievements in natural and social sciences.


Samuel Yin announced Monday the establishment of the Tang Prize Foundation with an initial endowment of $103 million. The 618-907 A.D. Tang Dynasty is widely revered by Chinese everywhere. (AP)


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