Alfred Nobel, born in Stockholm, Sweden in 1833, was a chemist, inventor and an industrialist. He is best known for creating the Nobel Prize which is awarded annually to individuals or organizations that have made significant contributions towards the promotion of peace, literature, science and economic development.

Early Life

Alfred Nobel's father Immanuel Nobel was a successful engineer and inventor who had established himself in Russia before moving his family back to Sweden due to bankruptcy. Alfred grew up in a family of inventors with his brothers Ludvig and Robert also pursuing careers in engineering.

Career

Nobel began experimenting with explosives at a young age which led him to develop dynamite later on. He went on to co-found the manufacturing company Nitroglycerin AB where he worked on new methods of producing nitroglycerin safely.

In 1867, one of Nobel's factories exploded killing several people including his younger brother Emil. This tragic event led him to focus on finding safer ways of handling and producing explosives which ultimately led to him inventing dynamite.

Nobel became incredibly wealthy as his inventions were widely used throughout the world. However, he was often criticized for profiting from warfare and violence due to the use of dynamite in weapons.

Legacy

Despite this criticism, it was Alfred's desire for peace that inspired him to create the Nobel Prizes. In his will written just a year before his death in 1896, he left most of his fortune towards setting up an annual award recognizing those who make significant achievements in science, literature and peace.

Today, over a century later, the work funded by these awards has contributed enormously towards creating lasting change globally.

Conclusion

Alfred Nobel's life encompasses many areas - industry & invention as well as philanthropy aimed at promoting peace worldwide. His legacy through the creation of the Nobel Prize continues even today promoting research aimed at achieving a sustainable future for all.