From the Clay Institute website:
March 18, 2010
The Clay Mathematics Institute (CMI) announces today that Dr. Grigoriy Perelman of St. Petersburg, Russia, is the recipient of the Millennium Prize for resolution of the Poincaré conjecture. The citation for the award reads:
The Clay Mathematics Institute hereby awards the Millennium Prize for resolution of the Poincaré conjecture to Grigoriy Perelman.
The Poincaré conjecture is one of the seven Millennium Prize Problems established by CMI in 2000. The Prizes were conceived to record some of the most difficult problems with which mathematicians were grappling at the turn of the second millennium; to elevate in the consciousness of the general public the fact that in mathematics, the frontier is still open and abounds in important unsolved problems; to emphasize the importance of working towards a solution of the deepest, most difficult problems; and to recognize achievement in mathematics of historical magnitude.