
Since 1901, the Nobel Prize has been honoring men and women from all corners of the globe for outstanding achievements in physics, chemistry, medicine, literature, and for work in peace. The foundations for the prize were laid in 1895 when Alfred Nobel wrote his last will, leaving much of his wealth to the establishment of the Nobel Prize.
Alfred Nobel (1833-1896) was born in Stockholm, Sweden, on October 21, 1833. His family was descended from Olof Rudbeck, the best-known technical genius in Sweden in the 17th century, an era in which Sweden was a great power in northern Europe. Nobel was fluent in several languages, and wrote poetry and drama. Nobel was also very interested in social and peace-related issues, and held views that were considered radical during his time.
During a Trip To Baku Azerbaijan Robert realize the
the commerical possibilities in this area
He persuaded his brother Ludvig to join in exploiting the oil wells, and in 1876 they started an oil company. They called it Branobel.
obert lived in Baku for some time but had to return to Sweden for health reasons.
Ludvig continued to develop the oil industry and made a number of technical and commercial innovations. Among these were pipelines for the transport of oil and oil tankers built in sections in Sweden and assembled on the Caspian Sea. Ludvig Nobel became a very well-known figure in pre-revolutionary Russia, not only for his technical inventions and business enterprise, but because he had good relations with his employees. He introduced profit sharing and worked actively to improve working conditions in his factories.
With Wealth that the brothers had gained from Azerbaijan the would not be this amazing award.