Nobel Peace Prize: Can Machado Legally Transfer Her Award to Trump?

India
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CNBC Awaaz•16-01-2026, 08:52
Nobel Peace Prize: Can Machado Legally Transfer Her Award to Trump?
- •Venezuelan opposition leader María Corina Machado symbolically presented her 2025 Nobel Peace Prize medal to Donald Trump at a White House meeting.
- •Trump accepted the gesture, calling it a "great honor," but experts confirm the Nobel Prize cannot be legally transferred.
- •According to the Norwegian Nobel Institute and Nobel Foundation rules, a Nobel Peace Prize, once awarded, cannot be canceled, transferred, or shared.
- •While the physical medal can change hands, the title of 'Nobel Peace Prize laureate' remains solely with the original recipient.
- •Machado's action is considered a symbolic political gesture to strengthen her position and highlight Trump's support for Venezuela's democracy.
Why It Matters: The Nobel Peace Prize cannot be legally transferred; Machado's gesture to Trump was purely symbolic.
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