The ICC Cricket World Cup Trophy is presented to the winners of the World Cup finals. The current trophy was created for the 1999 championships, and was the first permanent prize in the tournament's history; prior to this, different trophies were made for each World Cup. The trophy was designed by Paul Marsden of Garrard & co and produced in London by a team of craftsmen from Garrard & Co over a period of two months.

The current trophy is made from silver and gold and features a golden globe held up by three silver columns. The columns, shaped as stumps and bails, represent the three fundamental aspects of cricket: batting, bowling and fielding, while the globe characterises a cricket ball. It stands 60 cm high and weighs approximately 11 kilograms. The names of the previous winners are engraved on the base of the trophy, with space for a total of twenty inscriptions.

The original trophy is kept by the ICC. A replica which only differs in inscriptions is permanently awarded to the winning team.