Lifestyle

Ingvar Kamprad, the reclusive billionaire who founded IKEA, grew up selling pencils in Swedish villages and was the 8th-richest person in the world by the time he died. Here’s how he built a fortune off furniture.

IKEA is the world’s largest furniture retailer, according to Forbes. The Swedish company was founded in 1943 by Ingvar Kamprad, who died in 2018 as the eighth-richest person in the world with control of the $US58.7 billion IKEA fortune, according to Bloomberg. In his youth, Kamprad had ties to pro-Nazi […]
Ingvar Kamprad, the reclusive billionaire who founded IKEA, grew up selling pencils in Swedish villages and was the 8th-richest person in the world by the time he died. Here’s how he built a fortune off furniture.