The Nobel peace prize was started and funded through an endowment of Alfred Nobel. He was a successful entrepreneur and industrialist that had a knack for finding new and creative ways to improve his company's operations. Upon his death, he wrote a memo along with a large endowment that still guides the trustees on how to give the award each year. His goal was to begin finding rewards for those people that are improving the lives of people across the globe, specifically, in the areas of medicine, chemistry, physics, literature, economics, and peace. As we all know, this award is one of the most prestigious awards in the world and its alumni boast some of the greatest accomplishments in the past 100 years.
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