You must have once heard of a Nobel prize being awarded to someone for some special achievment but you never really knew how the award came into being and why it's called a Nobel prize in the first place, well here you go.
Alfred Nobel the man who invented the old and famous dynamite as you know it was a swedish chemist, born on 21 october 1833 in Stockholm to a father who is an engineer.
Nobel had the privilege of studying chemical engineering abroad, and later invested himself in the study of explosives as he was majorly interested in the safe manufacture and use of nitro-glycerine, a highly unstable explosive and lost a brother to an explosion of the same substance in 1864.
Nobel like many other inventors had to put his bad days behind him and became famous for his invention of dynamite in 1867, this invention proved really useful during the late 1800s as it was widely adopted for blasting of tunnels and building railways all over the world.
Nobel really established himself during the 1870s building a network of factories all over Europe to manufacture explosives.
He went on to invent a number of explosives and manufactured them in large quantities.
It's also on record that in 1894 he acquired an ironworks at Bofors in Sweden that became the stronghold of the well-known Bofors arms factory.
He is now to be famously remembered today for his establishment of the Nobel prizes in 1895 after setting aside a substantial amount to give out special prizes in Medicine, chemistry, physics, literature and peace.
An economics prize was later added.
Nobel was well travelled and he even at a time lived in Paris shuffling his time a cross Sweden and other European countries, he died at his home in Italy on December 10, 1896 and was buried in his birth place in stockholm, Sweden.
Well now you know.