Maryam Mirzakhani, 40, who became the only woman to receive the highest honor in mathematics, died yesterday after battling with cancer.
In 1936, the International Mathematical Union established the award and has presented it to at least two people every four years since 1950.
However, all 52 recipients before Mirazkhani were men, CNN reported.
"Maryam is gone far too soon, but her impact will live on for the thousands of women she inspired to pursue math and science," Stanford University President Marc Tessier-Lavigne said.
Iranian President Hassan Rouhani saluted Mirzakhani in a message in Farsi, posted on Twitter.
"Maryam Mirzakhani was a creative scientist and a gracious human being who lifted Iran's name in the global scientific community," Rouhani's account reads. "May she Rest in Peace.
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