The Nobel family originated from the village of Östra Nöbbelöv in Scania hence the name.
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A member of the Nobel-Oleinikoff branch of the Nobel family, Michael Nobel is the grandson of Marta Helena Nobel-Oleinikoff (née Nobel) and the great-grandson of industrialist and humanitarian Ludvig Nobel, the founder of Branobel and one of the world's richest men in his time.
In September 1989, with the support and participation of the Ministry of Foreign Affairs of the USSR and the Soviet ambassador to Sweden, Boris Pankin, talks were held in Stockholm with the leadership of the Nobel Foundation, which initiated an impartial study of the wider family legacy in the Soviet Union and Nobel coverage of progressive ideas of the Nobel Family and the Nobel Movement as a whole.