The significant peace prize that Nelson Mandela received is the Nobel Peace Prize, awarded to him in 1993. This accolade recognized his efforts to dismantle apartheid in South Africa and promote reconciliation between the country's racial groups. Mandela's leadership, characterized by his commitment to nonviolence and dialogue, laid the groundwork for a democratic South Africa. His legacy as a transformative figure continues, influencing global movements for peace and justice, and his prize symbolized hope for a more equitable world.