Ingvar Kamprad Net Worth is$43 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 4.3/5 (6 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 4.0/5 (4 votes cast)
Profession: Entrepreneur
Date of Birth: Mar 30, 1926
Nicknames: Ingvar Feodor Kamprad
Country: Sweden
What is Ingvar Kamprad's net worth? Ingvar Kamprad is a businessman and the founder of IKEA with an estimated worth of $43 billion dollars. Ingvar Kamprad was born in Sweden and went into business early in life. He is known for his frugality and tendency towards penny pinching, as much as for his amassed wealth and success. He accumulated his net worth largely through his business ventures such as IKEA. Kamprad began his career as a salesman at a very young age, buying matches in bulk and selling them at a discount. From there, it wasn't long before he began selling other items, including fish, Christmas tree decorations, seeds, ballpoint pens, and pencils. Eventually he added furniture to the mix, and the largely mail-order business that was IKEA was born. Kamprad is also well-known for his surprisingly low-key lifestyle given his massive net worth. He only travels by economy class, for instance, and is reported to do things like recycle tea bags and keep salt and pepper from restaurants for himself. This fastidious sense of cost consciousness is reflected in IKEA, which is known for its cost saving measures and its low prices compared to other furniture dealers. It is also reflected in this quote from Kamprad, which also doubles as his personal and corporate philosophy: "It is not only for cost reasons that we avoid the luxury hotels. We don't need flashy cars, impressive titles, uniforms or other status symbols. We rely on our strength and our will!"
Ingvar Feodor Kamprad ( pronunciation (; born 30 March 1926) is a Swedish business magnate and the founder of IKEA, a retail company.
According to Swedish business weekly Veckans Aff"arer, he is the wealthiest person in the world with an estimated wealth of between $50bn and $90bn, owning the IKEA franchise through Interogo Foundation and Stichting INGKA Foundation.
Ingvar Kamprad was born in Pj"atteryd, now part of "Almhult Municipality, and grew up on a farm called Elmtaryd (now spelled "Almtaryd), near the small village of Agunnaryd in Ljungby Municipality in the province of Smaland, Sweden.
He is a second generation Swede of German descent, his grandfather having moved the family to Sweden from Germany.
Kamprads second wife Margareta passed away from an undisclosed disease on the 12th of December, 2011
Kamprad began to develop a business as a young boy, selling matches to neighbors from his bicycle. He found that he could buy matches in bulk very cheaply from Stockholm, sell them individually at a low price, and still make a good profit. From matches, he expanded to selling fish, Christmas tree decorations, seeds, and later ballpoint pens and pencils. When Kamprad was 17, his father gave him a cash reward for succeeding in his studies.
IKEA was founded in 1943 at his uncle Ernst's kitchen table. In 1948, Kamprad diversified his portfolio, adding furniture. His business was mostly-mail order.
The acronym IKEA is made up of the initials of his name (Ingvar Kamprad) plus those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd.
Kamprad has lived in Epalinges, Switzerland since 1976. According to an interview with TSR, the French language Swiss TV broadcaster, Kamprad drives a 15-year-old Volvo 240, flies only economy class, and encourages IKEA employees always to write on both sides of a paper. He reportedly recycles tea bags and is known to pocket the salt and pepper packets at restaurants." In additi

Ingvar Kamprad Net Worth, 4.3 out of 5 based on 6 ratings
(Visited 14 times, 1 visits today)

Ingvar Kamprad Latest News

Here's a full list of what stores like B&Q and H&M's names actually mean

IKEA - Ingvar Kamprad Elmtaryd Agunnaryd Set up in 1943 by a 17-year-old Ingvar Kamprad in Almhult, Sweden as a mostly mail-order sales business. It wasn’t until after the Second World War that it began to sell furniture. The first physical store opened ...
Posted: December 4, 2017, 7:03 am

Ikea founder Ingvar Kamprad wrongly declared dead by Swedish radio

Swedish public radio accidentally reported that Ikea founder Ingvar Kamprad had passed way. But the 91-year-old businessman is alive and well. Swedish radio prematurely published the Ikea founder's obituary at 10.41am on Thursday. An automated tweet posted ...
Posted: November 30, 2017, 2:08 am

This is what store names actually mean - from B&Q to IKEA

Set up in 1943 by a 17-year-old Ingvar Kamprad in Almhult, Sweden as a mostly mail-order sales business. It wasn’t until after the Second World War that it began to sell furniture. The first physical store opened in Almhult in 1958 before expanding to ...
Posted: December 5, 2017, 6:01 am
Related Topics:
Billionaires, Billionaires Income, Billionaires Net Worth, Businessmen, Businessmen Income, Businessmen Net Worth, How Much Ingvar Feodor Kamprad Worth, How Much Ingvar Kamprad Worth, How Much Is Ingvar Feodor Kamprad Income, How Much Is Ingvar Feodor Kamprad Net Worth, How Much Is Ingvar Feodor Kamprad Salary, How Much Is Ingvar Kamprad Income, How Much Is Ingvar Kamprad Net Worth, How Much Is Ingvar Kamprad Salary, How Much Is Richest Billionaires Income, How Much Is Richest Billionaires Net Worth, How Much Is Richest Billionaires Salary, How Much Is Richest Businessmen Income, How Much Is Richest Businessmen Net Worth, How Much Is Richest Businessmen Salary, How Much Richest Billionaires Worth, How Much Richest Businessmen Worth, Ingvar Feodor Kamprad, Ingvar Feodor Kamprad Age, Ingvar Feodor Kamprad Background, Ingvar Feodor Kamprad Bio, Ingvar Feodor Kamprad Country, Ingvar Feodor Kamprad Date Of Birth, Ingvar Feodor Kamprad Ethnicity, Ingvar Feodor Kamprad Height, Ingvar Feodor Kamprad History, Ingvar Feodor Kamprad Home Town, Ingvar Feodor Kamprad Images, Ingvar Feodor Kamprad Income, Ingvar Feodor Kamprad Net Worth, Ingvar Feodor Kamprad News, Ingvar Feodor Kamprad Partner, Ingvar Feodor Kamprad Place Of Birth, Ingvar Feodor Kamprad Profession, Ingvar Feodor Kamprad Salary, Ingvar Feodor Kamprad Story, Ingvar Feodor Kamprad Talent, Ingvar Feodor Kamprad Videos, Ingvar Feodor Kamprad Weight, Ingvar Kamprad, Ingvar Kamprad Age, Ingvar Kamprad And Ikea, Ingvar Kamprad And Ikea Case Study, Ingvar Kamprad And Ikea Pdf, Ingvar Kamprad Background, Ingvar Kamprad Bio, Ingvar Kamprad Biography, Ingvar Kamprad Book, Ingvar Kamprad Car, Ingvar Kamprad Charity, Ingvar Kamprad Cheap, Ingvar Kamprad Country, Ingvar Kamprad Date Of Birth, Ingvar Kamprad Dyslexia, Ingvar Kamprad Early Life, Ingvar Kamprad Education, Ingvar Kamprad Ethnicity, Ingvar Kamprad Facts, Ingvar Kamprad Family, Ingvar Kamprad Forbes, Ingvar Kamprad Frugal, Ingvar Kamprad Health, Ingvar Kamprad Height, Ingvar Kamprad History, Ingvar Kamprad Home Town, Ingvar Kamprad House, Ingvar Kamprad Ikea, Ingvar Kamprad Images, Ingvar Kamprad Income, Ingvar Kamprad Interview, Ingvar Kamprad Jonas Kamprad, Ingvar Kamprad Leadership, Ingvar Kamprad Leadership Style, Ingvar Kamprad Management Style, Ingvar Kamprad Mathias Kamprad, Ingvar Kamprad Money, Ingvar Kamprad Nazi, Ingvar Kamprad Nazism, Ingvar Kamprad Net Worth, Ingvar Kamprad Net Worth 2012, Ingvar Kamprad Net Worth 2013, Ingvar Kamprad Net Worth 2014, Ingvar Kamprad News, Ingvar Kamprad Partner, Ingvar Kamprad Peter Kamprad, Ingvar Kamprad Philosophy, Ingvar Kamprad Place Of Birth, Ingvar Kamprad Profession, Ingvar Kamprad Quote, Ingvar Kamprad Quotes, Ingvar Kamprad Salary, Ingvar Kamprad Sons, Ingvar Kamprad Story, Ingvar Kamprad Talent, Ingvar Kamprad Unciation, Ingvar Kamprad Videos, Ingvar Kamprad Volvo, Ingvar Kamprad Weight, Ingvar Kamprad Wiki, Richest Billionaires Age, Richest Billionaires Background, Richest Billionaires Bio, Richest Billionaires Country, Richest Billionaires Date Of Birth, Richest Billionaires Ethnicity, Richest Billionaires Height, Richest Billionaires History, Richest Billionaires Home Town, Richest Billionaires Images, Richest Billionaires Income, Richest Billionaires Net Worth, Richest Billionaires News, Richest Billionaires Partner, Richest Billionaires Place Of Birth, Richest Billionaires Profession, Richest Billionaires Salary, Richest Billionaires Story, Richest Billionaires Talent, Richest Billionaires Videos, Richest Billionaires Weight, Richest Businessmen Age, Richest Businessmen Background, Richest Businessmen Bio, Richest Businessmen Country, Richest Businessmen Date Of Birth, Richest Businessmen Ethnicity, Richest Businessmen Height, Richest Businessmen History, Richest Businessmen Home Town, Richest Businessmen Images, Richest Businessmen Income, Richest Businessmen Net Worth, Richest Businessmen News, Richest Businessmen Partner, Richest Businessmen Place Of Birth, Richest Businessmen Profession, Richest Businessmen Salary, Richest Businessmen Story, Richest Businessmen Talent, Richest Businessmen Videos, Richest Businessmen Weight, Who Is Ingvar Feodor Kamprad, Who Is Ingvar Kamprad, Who Is Richest Billionaires, Who Is Richest Businessmen,