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Alfred Bernhard Nobel (/ n oʊ ˈ b ɛ l / noh-BEL, Swedish: [ˈǎlfrɛd nʊˈbɛlː] ⓘ; 21 October 1833 – 10 December 1896) was a Swedish chemist, inventor, engineer and businessman. He is known for inventing dynamite as well as having bequeathed his fortune to establish the Nobel Prizes . [ 1 ]
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 Foundation (Swedish: Nobelstiftelsen) is a private institution founded on 29 June 1900 to manage the finances and administration of the Nobel Prizes. [2] The foundation is based on the last will of Alfred Nobel, the inventor of dynamite.
Every year, the Nobel Peace Prize winner is announced for the entire world to celebrate. It's a global tradition that started when wealthy Swedish inventor and entrepreneur Alfred Nobel died in ...
The original Nobel Prize recipients in 1901 went home $17,451 richer — that’s about $561,649.14 in today’s money. The prize began losing value right away until it was worth less than half of ...
The annual Nobel Prize announcements are over with the final award, for economics, going to Harvard professor Claudia Goldin for advancing the understanding of women’s labor market outcomes. The ...
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel [2] [3] [4] (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award funded by Sveriges Riksbank [5] and administered by the Nobel Foundation.
In 1926, George Bernard Shaw first declined the 1925 Nobel Prize (which was awarded a year later) stating "I can forgive Nobel for inventing dynamite, but only a fiend in human form could have invented the Nobel prize". He later changed his mind and accepted the honour, but refused to receive the prize money. [72] [verification needed] [73]