Why did Alfred Nobel found the Nobel Prize?

Alfred Nobel founded the Nobel Prize to create a lasting legacy that would honor those who contribute positively to humanity. After reading an obituary that labeled him the "merchant of death" due to his invention of dynamite, he sought to counteract this negative perception by establishing awards for outstanding achievements in various fields, including peace, literature, and science. He hoped to inspire future generations to strive for Excellence and make the world a better place.