Tuesday, February 12, 2013

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By: Kacie Blackburn October 11, 2012
History behind the Nobel Prize
Alfred Nobel was born on the 21st of October in 1833 in Stockhold, Sweden, into a family of engineers. He was a chemist, engineer, and inventor. In 1884, Nobel purchased the Bofors iron and steel mill, which he made into a major armaments manufacturer. Nobel also invented ballistite, a precursor to many smoke-free military explosives, especially the British smokeless powder cordite. Nobel was eve involved in a patent infringement movement over cordite. Nobel amassed a fortune during his lifetime, with most of his wealth from his 355 inventions, of which dynamite is the most famous.
In 1888, Nobel was astonished to read his own obituary, name The merchant of death is dead, in a French newspaper. As it was Alfreds brother Ludvig who had died, the obituary was eight years premature. The article confuse Nobel and made him apprehensive about how he would be remembered. This stimulate him to change his will. On 10 December 1896, Alfred Nobel died in his villa in San Remo, Italy, from a cerebral haemorrhage. He was 63 years old.

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Nobel wrote several(prenominal) wills during his lifetime. The drop dead was written over a year forwards he died, signed at the SwedishNorwegian connection in Paris on 27 November 1895. To widespread astonishment, Nobels last will specified that his fortune be used to compose a series of prizes for those who confer the greatest benefit on mankind in physics, chemistry, peace, physiology or medicine, and literature. Nobel bequeathed 94% of his total assets, 31 million SEK, to establish the five Nobel Prizes. Because of scepticism surrounding the will, it was not until 26 April 1897 that it was approved by the Storting in Norway. The executors of Nobels will, Ragnar Sohlman and Rudolf Lilljequist, formed the Nobel derriere to take care of Nobels fortune and organise the award of prizes.
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