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Swedish chemist Alfred Nobel's will establishes the Nobel Prize

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Alfred Nobel's 1895 will directed his fortune towards establishing the Nobel Prize, celebrating global contributions in science, literature, and peace

Desk Report

Publisted at 7:40 AM, Wed Nov 27th, 2024

In a remarkable act of foresight and altruism, Swedish chemist Alfred Nobel, renowned for inventing dynamite, signed his will on 27 November 1895, dedicating his fortune to establish the Nobel Prize.

This testament, drafted at the Swedish-Norwegian Club in Paris, set aside the bulk of his wealth to reward individuals whose work profoundly benefits humanity in physics, chemistry, medicine, literature, and peace.

Despite resistance from his family and the logistical complexities of implementing his vision, Nobel’s legacy endures as one of the most prestigious awards recognising excellence and contributions to the betterment of mankind.

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