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The Prize, awarded each year to an artist for his or her significant achievement, rewards a cash prize of KRW 100,000,000 (approximately $ 90,000) and a chance to showcase a full exhibition at one of the world's most renowned galleries or museums of the winner's choice within 3 years of receiving the
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is an annual award for artistic achievement. It was created in 2008 following the wishes of Sooho Cho who promoted various cultural activities with the ultimate goal of bringing Korean art to the world stage.
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The prize winners, known as laureates, were as follows:
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