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Alfred Nobel was born in Stockholm, Sweden on 21 October 1833. He was the third son of Immanuel Nobel (1801–1872), an inventor and engineer, and Andriette Nobel (née Ahlsell 1805–1889).
The Nobel Prize was funded by Alfred Nobel's personal fortune. According to the official sources, Alfred Nobel bequeathed most of his fortune to the Nobel Foundation that now forms the economic base of the Nobel Prize. [25] The Nobel Foundation was founded as a private organisation on 29 June 1900.
The Nobel family (/ n oʊ ˈ b ɛ l / noh-BEL), is a prominent Swedish family closely related to the history both of Sweden and of Russia in the 19th and 20th centuries. Its legacy includes its outstanding contributions to philanthropy and to the development of the armament industry and the oil industry.
There are six Nobel Prize categories up for grabs. Alfred Nobel, an inventor, entrepreneur, scientist, businessman and writer, outlined the original five prizes in his will in 1895.
The announcement of the 2008 Nobel Memorial Prize in Economic Sciences in Stockholm. The winner of the prize was Paul Krugman.. The Nobel Memorial Prize in Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an award funded by Sveriges Riksbank and ...
Widely considered the most prestigious award for physicists across the world, the prize was created, along with awards for achievements in science, literature and peace, in the will of Alfred Nobel.
An additional prize in memory of Alfred Nobel was established in 1968 by the Sveriges Riksbank (Sweden's central bank) for outstanding contributions to the field of economics. Each recipient, a Nobelist or laureate , receives a gold medal , a diploma , and a sum of money which is decided annually by the Nobel Foundation.
Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor.