The Nobel Prize is one of the most prestigious awards in the world, celebrating achievements in Physics, Chemistry, Medicine, Literature, Peace, and Economic Sciences. But beyond the fame, there are some surprising facts about the award.
Alfred Nobel’s Will Made the Prize Possible: Alfred Nobel, the inventor of dynamite, dedicated his fortune to creating the Nobel Prizes in his will. He wanted to reward those who contributed positively to humanity, rather than wealth or power.
The First Nobel Prizes Were Awarded in 1901: Though Nobel died in 1896, the first prizes were awarded in 1901. The inaugural winners included Wilhelm Röntgen (Physics) and Jacobus van ’t Hoff (Chemistry).
Prize Money can Vary Each Year: The monetary award for Nobel Prizes changes depending on the fund’s income. In 2025, each Nobel Prize carries a reward of several million Swedish Kronor.
Nominations are kept a Secret for 50 years: The names of nominees and other details of the selection process are kept confidential for 50 years, ensuring the integrity and privacy of the process.
Posthumous Awards are Rare: Nobel Prizes are generally not awarded posthumously. However, if a laureate dies between the announcement and the award ceremony, the prize can still be presented.