1901 Nobel Prizes first awarded

1901 Nobel Prizes first awarded

The first Nobel Prizes were distributed on this day in 1901, the fifth anniversary of the death of Swedish industrialist Alfred Bernhard Nobel, the inventor of dynamite, who founded and endowed the awards through his will.

The opening of his will, which he had drawn up in Paris on Nov. 27, 1895, and had deposited in a bank in Stockholm, contained a great surprise for his family, friends, and the general public.

He had always been generous in humanitarian and scientific philanthropies, and he left the bulk of his fortune in trust to establish what came to be the most highly regarded of international awards, the Nobel Prizes.

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