There is no prize money attached to an Academy Award (Oscar), and the statuette remains the property of the Academy of Motion Picture Arts and Sciences (AMPAS). On occassion, the stattuettes have been sold from one collector to another. If these sales are made public, then the Academy can sue for the statuette. Steven Speilberg is known to have found Clark Gable's only Oscar for sale once. He purchased it and returned it to the Academy for safe keeping.
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No, Kai Wong has never won an Oscar award.
George Seaton won the Oscar for Jean Hersholt Humanitarian Award in 1961.
It's the same award. 'OSCAR' is a nickname for it.
An Oscar award has to be offered to the Academy Awards for $1 before it can be legally sold. It is sometimes illegally auctioned.
While the statuette is very often informally known as an Oscar, the roots of the name are cloudy. It is officially known as an Academy Award. The names Oscar and Academy Awards have become interchangeable over the years.