Alfred Nobel, creator of dynamite and high-minded prizes

Nobel had decreed that the bulk of his estate should be invested in "safe securities" and, as a result, about 31 million Swedish kronor, equivalent today to about 265 million dollars (226 million euros), were used to create the Nobel Foundation.

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Nobel had decreed that the bulk of his estate should be invested in "safe securities" and, as a result, about 31 million Swedish kronor, equivalent today to about 265 million dollars (226 million euros), were used to create the Nobel Foundation.