Nobel Prize at The Name of Alfred Nobel

A nobel prize is an international award given to those who have made great achievements in the fields of physics, chemistry, economics, literature and peace.

The Nobel Prize is the first international award given yearly since 1901 for achievements in physics, chemistry, medicine, l iterature and peace. The prize consists of a medal, a personal diploma, and a prize amount.In 1968, the Sveriges Riksbank (Bank of Sweden) instituted the Prize in Economic Sciences in memory of Alfred Nobel, founder of the Nobel Prize.
In the beginning, more than three prize winners could share a Nobel Prize, although this was never practiced. Paragraph four of the Statutes of the Nobel Foundation was amended in 1968, restricting the number of prizewinners to only three.
Previously, a person could be awarded a prize posthumously if the nomination was made before February 1 of the same year. Since 1974, the Prize may only go to a deceased person who has been named as prize winner for the year (usually in October) but who dies before the Prize Awarding Ceremony on December 10.

Biography of Alfred Nobel:

Alfred Nobel was born in 1833 in Stockholm, Sweden to a family of engineers. His family was descended from Olof Rudbeck, the best-known technical genius of Sweden's 17th century era as a great power in northern Europe. At age 9, he moved with his family to Russia where he and his brothers were given first class education in the humanities and natural sciences by private teachers.
Nobel invented dynamite in 1866 and later built up companies and laboratories in more than 20 countries all over the world. A holder of more than 350 patents, he also wrote poetry and drama and even seriously considered becoming a writer.
The idea of giving away his fortune was no passing fancy for Nobel. Efforts to promote peace were close to his heart and he derived intellectual pleasure from literature, while science built the foundation for his own activities as a technological researcher and inventor.
On November 27, 1895, Nobel signed his final will and testament at the Swedish-Norwegian Club in Paris. He died of a heart attack in his home in San Remo, Italy on December 10, 1896.