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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 ...
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]
Nobel Peace Prize; Nobel Prize in Physiology or Medicine; In addition to the prizes listed above, the Nobel Memorial Prize in Economic Sciences is sponsored by the Nobel Foundation. The foundation has trademarked the term "Nobel Prize" and this designation cannot be legally used to refer to any prizes other than the five original Nobels. [1]
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.
Alfred Nobel, who died childless, was the inventor of dynamite and the founder of the Nobel Prizes to the creation of which he left the bulk of his estate. The Nobel family has created several societies, including the Nobel Family Society, a private society of which only the descendants of Immanuel Nobel, the younger are eligible as members,