The Nobel Prize in Literature 1919 was awarded to Carl Friedrich Georg Spitteler "in special appreciation of his epic, Olympian Spring."Carl Spitteler received his Nobel Prize one year later, in 1920. During the selection process in 1919, the Nobel Committee for Literature decided that none of the year's nominations met the criteria as outlined in the will of Alfred Nobel. According to the Nobel Foundation's statutes, the Nobel Prize can in such a case be reserved until the following year, and this statute was then applied. Carl Spitteler therefore received his Nobel Prize for 1919 one year later, in 1920.
See the list of all Nobel Prizes, awarded for "the greatest benefit to mankind."
In his will, Alfred Nobel left 31 million SEK to found the Nobel Prizes.
Medicine Laureate Shinya Yamanaka talks about the importance of taking risks.