Ingvar Kamprad Net Worth

How much is Ingvar Kamprad Worth?

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Ingvar Kamprad Net Worth
Net Worth:
$44.5 Billion
Date of Birth
1926-03-30
Place of Birth
Agunnaryd
Profession
Entrepreneur

Ingvar Kamprad net worth: Ingvar Kamprad is a Swedish businessman who founded IKEA and has a net worth of $44.5 billion. Ingvar Kamprad was born in Sweden March 30, 1926. He went into business early in life and is known for his frugality and tendency towards penny pinching. 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 would eventually become 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 commercial airplanes, and is reported to 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!"

What is Ingvar Kamprad's net worth

Ingvar Kamprad Net Worth

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Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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Ingvar Kamprad

Ingvar Kamprad

Ingvar Feodor Kamprad is a Swedish business magnate. He is the founder of IKEA, a Swedish retail company specialising in furniture.
Profession
Date of Birth
  • 1926-03-30
Nicknames
  • Ingvar Feodor Kamprad
Nationality
  • Sweden
Country
  • Sweden
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