Ingvar Kamprad, who was worth $40 billion by some estimates, has died aged 91.
Kamprad died on Saturday at his home in Smaland, in southern Sweden, the chain’s Swedish unit, IKEA Sverige, said on Twitter on Sunday. He died peacefully following a short illness, it said.
“He will be much missed and warmly remembered by his family and IKEA staff all around the world,” the company said.
“Ingvar Kamprad was a great entrepreneur of the typical southern Swedish kind, hardworking and stubborn, with a lot of warmth and a playful twinkle in his eye,” IKEA said in a press release.
The Swedish entrepreneur is known for having almost comically thrifty. He is known to be economical of everything he has made, including buying her clothes in the flea market. There are also reports that have always waited until he travels in third world countries to get a haircut, so it would be cheaper. The other means of his release included reports that he had planned to leave only $ 300,000 of his fortune to his adopted daughter (reported, he said he was good). He also drove a 1993 Volvo 240 (though he was reported to have Porsche). He left Sweden for Switzerland in the 1970s to avoid paying high taxes in his home country. He often ate cheap food at IKEA. It should be noted that Kamprand also claims that he is worth less than $ 40 billion Bloomberg associated with him, or even the $ 5 billion Forbes has said he has-though it seems in the context of the fight in his tax bill. A report says he claims to have about $ 118 million. The story of Kamprad's life is linked to the company he founded at the age of 17 in the family farm. Kamprad, born March 30, 1926, is an early-ahead trader who sells matchboxes to neighbors from his bicycle. He finds that he can buy sets of matches cheaper from Stockholm and sell them at a low price but still make good profits. From matches, he expanded the sale of fish, Christmas tree decorations, bones and later ballpen pen and pencils. Soon he moved from making sales calls and began to advertise in local newspapers and runs a transient mail order catalog. She shared her products through the local milk van, which brought them to the nearby train station. In 1950, Kamprad introduced the tools, pieces made by manufacturers in forests near his home, in his catalog. After the positive response he received, he decided to stop all other products and focus on cheap furniture. Kamprad started with IKEA in 1950, extending the small retail operation he founded in his hometown of Smaland, Sweden by mail order-and adding tools to be sent to customers' homes and assembled to keep low price.
“It is in the nature of Smaland to be thrifty,” Kamprad said in an interview a few years ago, celebrating his 90th birthday. “I don’t think I’m wearing anything that wasn’t bought at a flea market.”
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Kamprad died on Saturday at his home in Smaland, in southern Sweden, the chain’s Swedish unit, IKEA Sverige, said on Twitter on Sunday. He died peacefully following a short illness, it said.
“He will be much missed and warmly remembered by his family and IKEA staff all around the world,” the company said.
“Ingvar Kamprad was a great entrepreneur of the typical southern Swedish kind, hardworking and stubborn, with a lot of warmth and a playful twinkle in his eye,” IKEA said in a press release.
The Swedish entrepreneur is known for having almost comically thrifty. He is known to be economical of everything he has made, including buying her clothes in the flea market. There are also reports that have always waited until he travels in third world countries to get a haircut, so it would be cheaper. The other means of his release included reports that he had planned to leave only $ 300,000 of his fortune to his adopted daughter (reported, he said he was good). He also drove a 1993 Volvo 240 (though he was reported to have Porsche). He left Sweden for Switzerland in the 1970s to avoid paying high taxes in his home country. He often ate cheap food at IKEA. It should be noted that Kamprand also claims that he is worth less than $ 40 billion Bloomberg associated with him, or even the $ 5 billion Forbes has said he has-though it seems in the context of the fight in his tax bill. A report says he claims to have about $ 118 million. The story of Kamprad's life is linked to the company he founded at the age of 17 in the family farm. Kamprad, born March 30, 1926, is an early-ahead trader who sells matchboxes to neighbors from his bicycle. He finds that he can buy sets of matches cheaper from Stockholm and sell them at a low price but still make good profits. From matches, he expanded the sale of fish, Christmas tree decorations, bones and later ballpen pen and pencils. Soon he moved from making sales calls and began to advertise in local newspapers and runs a transient mail order catalog. She shared her products through the local milk van, which brought them to the nearby train station. In 1950, Kamprad introduced the tools, pieces made by manufacturers in forests near his home, in his catalog. After the positive response he received, he decided to stop all other products and focus on cheap furniture. Kamprad started with IKEA in 1950, extending the small retail operation he founded in his hometown of Smaland, Sweden by mail order-and adding tools to be sent to customers' homes and assembled to keep low price.
“It is in the nature of Smaland to be thrifty,” Kamprad said in an interview a few years ago, celebrating his 90th birthday. “I don’t think I’m wearing anything that wasn’t bought at a flea market.”
Räägi sõbrale... #AFRICA ... spill TEA ABOUT THE TOPIC ABOVE.... Easy on Shade #jaiyeorie
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