Ingvar Kamprad Net Worth

$42,500,000,000

Ingvar Kamprad was a famous Swedish businessman who had a net worth of $42.5 billion at the time of his death in 2018. He earned his fortune as the founder of the multinational retail company IKEA, which generates more than $40 billion per year in revenue.

Key facts:

Ingvar Kamprad was the founder of the multinational retail company IKEA.
Kamprad started his career as a salesman at a young age, selling various items like matches, fish, and Christmas tree decorations.
He launched IKEA in 1943 with a small loan from his father and eventually diversified the business to include other pieces of furniture.
Under Kamprad's leadership, IKEA became extremely successful by introducing cost-saving measures and offering low prices compared to other furniture dealers.
Kamprad was known for his frugal lifestyle and philosophy, preferring to travel in coach on commercial airlines, driving a modest car, and encouraging employees to use both sides of a piece of paper.

Basic Information About Ingvar Kamprad

Category	Business › Billionaires
Professions	Entrepreneur
Net worth	$42,500,000,000
Date of birth	1926-03-30
Place of birth	Agunnaryd
Date of death	2018-01-27 (aged 91)
Nationality	Sweden
Gender	Male
Social Media	↗︎ Wikipedia