Sweden is famous for its coffee/Fika culture, rich heritage, and also as the land where Alfred Nobel was born on 21 October 1833. He laid the foundation for the Nobel prizes in his last will.
The prizes are given to people for their exemplary contributions in the fields of physics, chemistry, physiology or medicine, literature, and peace. The prize in each category is currently worth SEK 10 million. There can be up to three recipients for each prize, who share the sum between them.
The story of Alfred Nobel
Alfred Nobel was a Swedish chemist, engineer, inventor, and entrepreneur. He is the one who invented dynamite. He also had 355 different patents, worldwide to his name.
His exemplary achievements included the completion of the St. Gotthard Tunnel in the Swiss Alps in 1881 by the use of dynamite for the first time on a large scale. He died in San Remo, Italy, on 10 December 1896.
His will stated that his wealth of more than SEK 31 million should be used for Nobel Prizes. The executors of his wealth formed the Nobel Foundation which coordinates the work of the Prize-Awarding Institutions. The Nobel Foundations consist of:
- The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics and Chemistry and the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
- The Swedish Academy awards the prize in Literature.
- The Nobel Assembly at Karolinska Institutet awards the Nobel Prize in Physiology or Medicine.
- The Norwegian Nobel Committee awards the Nobel Peace Prize.
Nobel Prize Award Ceremony
The winners are announced in October every year and then, in December, the award is celebrated in Stockholm and Oslo. The Prize Award Ceremony in Stockholm always takes place at the Stockholm Concert Hall (Stockholms Konserthus) since 1926. His Majesty the King of Sweden awards the prizes in Stockholm. Each Laureate receives a diploma and a medal.
The Nobel Calling Stockholm
This year like every other year, the Nobel Laureates in their respective fields will be nominated and announced in October. This is a week to focus on the importance of research, science, literature, and peace.
The Nobel Prize Museum in collaboration with other organizations organizes various events during Nobel Calling Stockholm. The Museum has free admission from October 5-12 and is open from 11:00 to 17:00 pm. So this autumn, visit the museum and experience what it feels to be there.