The History of the Nobel Prize

• The history of the Nobel Prize

The History of the Nobel Prize

• The life of Alfred Nobel

• 1833-1896
• My dynamite will sooner lead to peace than a thousand world conventions. As soon as men will find that in one instant, whole armies can be utterly destroyed, they surely will abide by golden peace.
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• Alfred Bernhard Nobel was born October 21,
• 1833 in Stockholm Sweden. Nobel, who invented
• dynamite, endowed a $9 million fund in his will.
• The interest on this endowment was to be used
• as awards for people whose work most benefited
• humanity. He wanted the profit from his invention
• to be used to reward human ingenuity. First awarded
• in 1901, the Nobel Prize is still the most honored in the world.

• The Nobel Prize (Swedish: Nobelpriset) was established in Alfred Nobel's will in 1895, and it was first awarded in Physics, Chemistry, Physiology or Medicine, Literature, and Peace in 1901.

• The Nobel Peace Prize conveys social prestige, and that award also is often politically controversial. With the exception of the Nobel Peace Prize, the Nobel Prizes and the Prize in Economics are presented in Stockholm, Sweden, at the annual Prize Award Ceremony on December 10, the anniversary of Nobel’s death.

• Winning a Nobel Prize is a life-changing honor. Whether the laureate is an internationally known figure (such as Mother Teresa, winner of the 1979 Peace Prize) or a scientist plucked from obscurity (like Richard R. Ernst, who won the 1991 prize in chemistry for refinements in nuclear magnetic resonance spectroscopy), the award brings with it worldwide recognition that highlights one's life work and provides the funds to continue and further the mission.

• History of the world's most famous prize

• Alfred Nobel was a Swedish chemist. He invented dynamite and became very wealthy. When he died he left more than nine million dollars of his fortune to set up the Nobel prizes.

• What is the Nobel Prize?