What nationality was Alfred Nobel, founder of the Nobel prize?
Nobel Prize Nobel Prize The Nobel Prize (, ; Swedish definite form, singular: "Nobelpriset"; ) is a set of annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advances. The will of the Swedish scientist Alfred Nobel established the five Nobel prizes in 1895. The prizes in Chemistry, Literature, Peace, Physics, and Physiology or Medicine were first awarded in 1901. In 1968, Sweden's central bank, Sveriges Riksbank, established the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel", which, although not being a Nobel Prize, has become informally known as
Nobel Prize testament read in Stockholm on 30 December 1896, a foundation established by Alfred Nobel would reward those who serve humanity. The Nobel Prize was funded by Alfred Nobel's personal fortune. According to the official sources, Alfred Nobel bequeathed from the shares 94% of his fortune to the Nobel Foundation that now forms the economic base of the Nobel Prize. The Nobel Foundation was founded as a private organization on 29 June 1900. Its function is to manage the finances and administration of the Nobel Prizes. In accordance with Nobel's will, the primary task of the Foundation is to manage the