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Quote by Alfred Nobel

“I regard large inherited wealth as a misfortune, which merely serves to dull men's faculties. A man who possesses great wealth should, therefore, allow only a small portion to descend to his relatives. Even if he has children, I consider it a mistake to hand over to them considerable sums of money beyond what is necessary for their education. To do so merely encourages laziness and impedes the healthy development of the individual's capacity to make an independent position for himself.”

Quote by Alfred Nobel

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Alfred Nobel
Alfred Nobel

Alfred Nobel, a chemist, was born on October 21, 1833, in Stockholm, Sweden, and died on December 10, 1896. Nobel is known for his invention of dynamite and for establishing the Nobel Prize. more

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