Since 1901, the Nobel Prize has been honoring men and women from all corners of the globe for outstanding achievements in physics, chemistry, physiology or medicine, literature, and for work in peace. The foundations for the prize were laid in 1895 when Alfred Nobel, a scientist, inventor, entrepreneur, author and pacifist, wrote his last will, leaving much of his wealth to the establishment of the Nobel Prize. In 1968, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was added to the annual awards. Each prize consists of a medal, personal diploma and a cash award. For more information: https://www.nobelprize.org