Every Year Nobel Prize Day Is Observed To Commemorate The Death Anniversary Of Alfred Bernhard Nobel, The Founder Of The Nobel Prizes. Alfred Bernhard Nobel Died On December 10, 1896. He Was A Swedish Industrialist, Inventor, And Philanthropist. He Is Known For Creating Dynamite And Donating His Riches To Establish The Nobel Prize. Alfred Bernhard Nobel Declared In His Will That The Majority Of His Income Would Be Used To Establish The Nobel Prizes. The Nobel Prizes Were First Presented In 1901. Nobel Laureates Have Received Their Diplomas & Medals At Ceremonies In Stockholm And Oslo Since 1901.