What is the Nobel Prize

A Nobel laureate was born of a Swedish inventor and each year the Norwegian and Swedish governments have a function to distribute prizes for an academic, cultural and scientific breakthrough.

What is the Nobel Prize?

A Swedish inventor, Alfred Nobel, began the creation of the Nobel Prize in 1895. The first prizes were awarded in 1901, for his fame of heroism and invention in chemistry, physics, literature and psychological medicine. The first medals that were made in 1980 were 24-karat gold, but later it was an 18-green gold medal plated with 24-karat gold. Nobel Prize ceremonies are held every year, without exception, in Stockholm, the capital of Sweden, with the exception of Nobel Peace Prize ceremonies taking place in Oslo, Norway. Each chosen person or organization receives a gold medal, a diploma and a lump sum. As of 2017, the excellent monetary price was estimated at $ 1,110,000. For many years, the Nobel prize is considered the highest award ever given to someone as an honor.

Who was Alfred Nobel?

The inventor of Nobel prizes Mr. Alfred Nobel was born in Stockholm, Sweden, from October 21, 1833 to a family of renowned engineers. Over the years, Alfred Nobel has excelled in many academic fields, including chemistry, engineering and invention. In 1884, Nobel purchased a steel factory in which he invented many fantastic equipment including the famous British smokeless explosive powder known as Cordite. Later he faced the harsh judgment of the law for the invention of explosive military cordite. Of all his projects, dynamite is the most famous and original equipment.

History of the Nobel Prize

Before Alfred’s death, he wrote a will in France in a Swedish-Norwegian club in which he suggested rewarding someone who approaches the idea that benefits the whole of humanity. In his will, he gave his possessions as prizes to discoverers in the fields of physics, chemistry, literature and physiology. His assets, which were worth $ 186 million in 1895, were to be awarded as prizes to the five camps in his will. Due to skepticism about his idea, the decree was not approved until April 26, 1987. According to the instructions of the will, a committee called the Norwegian Nobel Committee would have to hand over the awards to Norway. The members of that council were appointed later and the Nobel Prize trials began.

First Nobel Prizes

The Nobel Foundation was established and, once started without a hitch, the Nobel committee began collecting nominations to determine the fields, organizations and people who deserved an award. The physics group selected two physics inventors for the first Nobel prizes in history, the X-ray inventor Wilhelm Rontgen and the inventor of cathode rays Phillip Lenard. The Academy of Sciences selected the X-ray inventor for the first Nobel prize ever, and Rontgen became the first Nobel Prize winner.

The Nobel banquet

After the awards were presented in Sweden, a ceremony is always performed in the prestigious Sala del Capital, the Blue Room. The Swedish royal family with about this 1300 participates in this service. In Norway, the banquet is held at the Oslo Grand Hotel and is followed by the winners together with the Prime Minister, the President of the Storting and the King and Queen of Norway (as of 2006) as guests.

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