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Alfred Bernhard Nobel was a Swedish chemist, engineer, innovator, and armaments manufacturer. He was the inventor of dynamite. Nobel held 350 different patents, dynamite being the most famous. He used his fortune to posthumously institute the Nobel Prizes. The synthetic element nobelium was named after him. His name also survives in modern-day companies such as Dynamit Nobel and Akzo Nobel, which are descendants of the companies Nobel himself established.