First ever Global Teacher Prize will award world’s top educator $1M

Global Business

In classrooms around the world, teachers work hard but rarely get rich.  On Sunday, however, one very special educator will win the Global Teacher Prize and take home a $1 million award.

CCTV America’s Jim Spellman filed this report from Washington, D.C.

First ever Global Teacher Prize will award world\'s top educator $1M

First ever Global Teacher Prize will award world\'s top educator $1M

In classrooms around the world, teachers work hard but rarely get rich. On Sunday, however, one very special educator will win the Global Teacher Prize and take home a $1 million award. CCTV America's Jim Spellman filed this report from Washington, D.C.

Highlights:

  •  There are 10 finalists for the first annual Global Teacher Prize meant to celebrate outstanding educators.
  • Many of the finalists teach in poor communities in developing nations.
  • The Global Teacher Prize comes with a one million dollar award. Education entrepreneur Sunny Varkey is behind the prize.
  • Varkey hopes the award will bring more attention and focus to the importance of education around the world.
  • The Global Teacher Prize will be awarded in Dubai on Sunday, March 15.
  • The Varkey Foundation plans to make this an annual award and hopes one day it will be seen as a sort of Nobel prize for educators.