One of his sons, Ludvig Nobel, was the founder of the machine-building factory Ludvig Nobel, a great armaments concern and the inventor of the Nobel wheel. Ludvig was also the founder of BraNobel, the foremost Russian oil industry in its time, and launched the world’s first diesel-driven tugs, tankers and u-boats, besides building the first European oil pipeline in Baku. Alfred Nobel, a prolific inventor who acquired 355 patents during his lifespan, was the creator of dynamite and the blasting cap from which he made a substantial fortune of which he left the bulk to form the Nobel Prizes.
The foundation, created to manage the estate of Alfred Nobel and to implement the conditions of his testament. The Nobel Family’s Social Commitment Under the leadership of Ludvig Nobel, and later on by his oldest son Emmanuel, the BraNobel Nafta company in Azerbaijan grew into the world’s second largest in its field. The diesel engine factory in St. Petersburg became the largest in the world. At this time the Nobel industries in Russia were the country’s greatest and most influential business organisation with more than 50.000 employees.
The success of Ludvig was based on a humanitarian and innovative way of doing things, combined with the mind of a scientific entrepreneur. The world’s first oil transportation ship and pipelines for oil were constructed for the oil fields of Nobel in Baku. As a visionary leader Ludvig strived to improve the conditions for the workers at the Nobel industrial sites.
This was achieved by the introduction of shorter working hours, adequate housing, schools and healthcare and recreational facilities. He also opened a cooperative bank for the employees and the world’s first profit sharing system for the workers called “Nobelites”. Sustainability and social commitment was the trademark of the Nobel industries.
The Nobel Family Society Today
The Nobel Family Society is a private association with the following objectives
- Climate change with emphasis on reduction of global warming;
- Advances in clean and renewable technologies and policies;
- A pollution-free, life-sustaining environment;
- Inspiration for present and future generations;
It was formed by the descendants of Immanuel Nobel the younger, i.e. the father of Alfred, Ludvig, Robert and Emil Nobel. The first three of the aforementioned brothers were engaged from 1873 in establishing, financing and operating the BraNobel oil company in Baku, the largest company in Russia and the second largest oil company in the world. The Nobel family is also represented at the Nobel Prizes Award Ceremonies which are held in Stockholm on the 10th of December every year since 1901. In 2007, the Nobel family archives, kept in the town archives of Lund, were inscribed in UNESCO’s Memory of the World Register.