The Nobel Legacy: Celebrating Excellence Across the Globe

The Nobel Prizes, initiated by Alfred Nobel, recognize exceptional contributions in various fields including medicine, physics, chemistry, literature, peace, and economics. These prestigious awards, beginning with medicine on Monday, culminate with economics. Laureates receive 11 million Swedish crowns and immense global recognition.


Devdiscourse News Desk | Stockholm | Updated: 03-10-2025 16:07 IST | Created: 03-10-2025 16:07 IST
The Nobel Legacy: Celebrating Excellence Across the Globe
  • Country:
  • Sweden

The Nobel Prizes are set to be announced, starting with the award for medicine or physiology. The series of awards, which includes honors for physics, chemistry, literature, peace, and economics, concludes one week later, offering winners significant recognition and a prize of 11 million Swedish crowns.

Established by Alfred Nobel, a Swedish chemist and entrepreneur, the Nobel Prizes aim to honor those who make significant contributions to humanity. Nobel, known for inventing dynamite, later in life dedicated his wealth to creating awards reflecting his varied interests, influenced by peace advocate Bertha von Suttner.

The prizes, first awarded in 1901, remain prestigious, though some selections face criticism, such as the lobotomy-recognizing prize of 1949. Celebrations on December 10 include a grand banquet in Stockholm, headlined by Nordic-themed cuisine served to 1,300 guests, marking the anniversary of Nobel's death.

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