Last Will & Testament of Alfred Nobel. He was born in 1833 in Stockholm, Sweden. His family was descended from Olof Rudbeck, the best-known technical genius of Sweden's 17th century era as a great power in northern Europe. Nobel invented dynamite in 1866. In 1895, Nobel signed his last will providing for the establishment of the Nobel Prize. He died in San Remo, Italy on December 10, 1896.