“Contentment is the only real wealth.” - Alfred Nobel, Swedish Businessman, Chemist and Philanthropist
Today is the birthday of Swedish businessman, chemist and philanthropist Alfred Nobel, known for inventing dynamite and creating his eponymous institute that recognizes academic, cultural, and scientific achievements. A gifted scientist, Nobel became enormously wealthy after acquiring more than 350 patents for his various inventions, most of them involving explosives or weaponry. In his last will and testament, Nobel specified that his fortune be used to establish the annual Nobel Prizes, awarding work in five different categories: physics, chemistry, physiology, literature, and peace. The first prizes were selected in 1901, five years after Nobel’s passing, and the yearly tradition has continued to this day — the 118th Nobel Prizes will be announced this December.