The man who established the Nobel Peace Prize also invented what?
In 1867, Alfred Bernhard Nobel patented a mixture of nitroglycerin and an absorbent substance, producing what he named “Dynamite.”
He used his vast fortune from his 350 patents to establish the Nobel Prizes, which has come to be known for awarding the greatest achievements throughout the world. When Nobel died of a stroke in 1896, he left 31,225,000 Swedish kronor (today about 265 million U.S. dollars) to fund the Nobel Prizes. The synthetic element nobelium was named after him.