$3M isn't enough in our days to recognize remarkable work in my opinion. Yes, one of them made a lot of money, but is it true for all the past winners of this prize?
I can say something about the effect I want to achieve with the money: recognition and publicity. So the amount of money should make them on front page of many news papers and such. Now from data it might interesting to get the right amount.
I just want the people who make such achievements to be recognized by younger generation.
I think we should celebrate scientific achievements as a community. Because the failures are as important as the successes. We shouldn't idolize individuals imho. That is toxic.
https://www.mic.com/articles/79039/the-untold-story-of-alice...
And let's not talk about the Sacklers