December 10Nobel Prizes are awarded each year to people, regardless of nationality, deemed by committees to have made the most significant practical efforts toward the well-being of the human race. In his will, the Swedish inventor Alfred Nobel (1833-1896) directed that the income from his $9 million estate be used to fund five annual prizes for the most important discoveries or inventions in the fields of physics, chemistry, and physiology or medicine; for the most distinguished literary work of an idealistic nature; and for the most effective work in the interest of international peace. The first Nobel Prizes were awarded in 1901, but a sixth prize—in economics—was added in 1969.
Prize winners receive the awards, each worth a little over $1 million, at a special ceremony in Stockholm, Sweden, on December 10, the anniversary of Alfred Nobel's death in 1896. The peace prize is awarded in Oslo, Norway.
CONTACTS:
The Nobel Foundation
Sturegatan 14
P.O. Box 5232
Stockholm, SE-102 45 Sweden
46-8-663-0920; fax: 46-8-660-38-47
www.nobelprize.org
SOURCES:
FestEur-1961, p. 150