Alfred Bernhard Nobel invented dynamite and owned a company called Bofos, a major weapons manufacturer to the world
Nobel was a pacifist who valued world peace and hence, as if to liberate himself from the negative effects of his contribution in manufacturing arms, he set up a fund in his will on the November 27, 1895 to award prizes for outstanding contributions in the fields Physics, Chemistry, Physiology or Medicine and World Peace. All prizes are presented on December 10, the anniversary of Nobles death and each prize consists of a medal, personal diploma and one million Euros.
Although the gesture in rewarding for contribution human advancement is commendable, the recipients selected for this award ever since the prize was first awarded in 1905 have been associated with some controversy. Of all the awardees, the recipients of the Nobel prize for World Peace became the most controversial since the selectors have been unable to live up to the guidelines set by the donor thus bringing their prejudices and value judgments to influence the selection.