Briton awarded for Fermat's Last Theorem proof
British mathematician Andrew Wiles is set to receive the Abel prize for proving Fermat's Last Theorem, first formulated in 1637. He first published the proof in 1993 of the theorem which states, "There are no whole number solutions to the equation x^n+y^n=z^n, when 'n' is greater than 2". Abel prize, considered as the Nobel for mathematics, is worth over $700,000.