Alfred Nobel was a Swedish inventor, chemist, engineer and weapons manufacturer – to be particularly highlighted in these roles as a dynamite inventor. He was both a successful inventor and a businessman, and had companies in several countries around the world, including those who had made the dynamite, cannonballs, and other ammunition he invented.
888, his brother Ludvig died during a visit to Cannes, France. A local newspaper accidentally printed an obituary for Alfred, not his brother Ludvig. The obituary was not exactly flattering, he opened with "The Merchant of Death is Dead" and condemned him to invent dynamite as well as benefit from his military use around the world. Alfred was deeply disturbed by the obituary and was sad that the world would do it so remember him. In response to the obituary and the desire to associate his name with something positive, Alfred set aside almost all of his fortune to establish the Nobel Prizes for Physics, Chemistry, Physiology or Medicine, Literature and Literature after his death the persons who have promoted a common good for humanity – most commonly referred to as the Nobel Peace Prize. His desire to improve the reputation of his name was a success, and more than a century later the name Nobel has been associated with the prizes he has created.