On Wednesday, the Norwegian Academy of Science and Letters announced it will award the Abel Prize to Hillel Furstenberg at the Hebrew University of Jerusalem and Gregory Margulis at Yale University “for pioneering the use of methods from probability and dynamics in group theory, number theory and combinatorics.”
The Abel Prize was established by the Government of Norway in 2001 "to give the mathematicians their own equivalent of a Nobel Prize” and carries with it a cash award of 7.5 million Norwegian Kroners ($834,000 USD).
Full Story (WIsrael National News