Perhaps the greater honour is not winning the prize.
Let's look at some of the people who haven't won it - pretty much most of the great writers of the last 115 years
Tolstoy
Twain
Proust
Henry James
Joyce
Ibsen
Hardy
O'Neil
Fitzgerald
Kafka
Borges
Auden
Brecht
Woolf
Nabakov
Zweig
Hasek
Lorca...
Well, it's not going to be chemistry or physics :)
It's a strange award though - about 40 years after his best work - but, at least it's someone I've heard of