Bom in Stockholm, Sweden, Alfred Nobel is widely known as the founder of the Nobel Prizes. He was also a successful inventor, who made great advances in the field of explosives. During his early years, he and his family struggled to make ends meet after his father's business ventures left them bankrupt. Nobel excelled as a student and later was taught by private tutors. He began to put his curious, inventive mind to work, experimenting with nitroglycerin. Tragedy stuck the Nobel family in 1865 when his brother, Emil, was killed in an explosion at their explosives factory. One year later, Nobel invented dynamite, a safer explosive. In his later years, his thoughts turned from creating better ways to blow things up to bringing the world closer together. He decided to use much of his fortune to create the Nobel Prizes, which are awards given to individuals or groups for making advancements in their fields.