Yuri Milner's Fundamental Physics Prize Foundation announced the awards in a statement Tuesday.
Hawking is honored for his discovery of Hawking radiation from black holes "and his deep contributions to quantum gravity and quantum aspects of the early universe."
The prize money for the European Organization for Nuclear Research, or CERN, is being split among a scientist who oversaw the building of the $10 billion atom smasher and six physicists who oversaw two teams of 3,000 scientists each.
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