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Ingvar Feodor KAMPRAD

Primary Position:
Senior Advisor
Primary Company:
Stichting INGKA Foundation
Estimated Net Worth:
At least $39.3 billion
Source of Wealth:
30 March 1926
Ljungby, Kronoberg, Sweden
Marital Status:


Swedish native and furnishing industry magnate. Since the age of five, Kamprad started selling old matches, pens, Christmas cards, fish and other items in the neighborhood. Founded furniture manufacturer IKEA, later on named the IKEA Group, at 17 with gift money from his father for school achievements, and in 1957, invented the "flat pack" and opened his first store a year later, gradually developed the IKEA Group into a global furniture retailer. Passed management and ownership rights "to secure eternal life for ...

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Education History

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Interesting Facts

He has reportedly involved himself in every detail of IKEA's growth, down to the recipe for the Swedish meatballs served at the restaurant at each outlet.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Alcoholic Beverages
Description: Struggles with alcoholism, and tries to abstain drinking for short periods, three times per year.

Kind of Interests, Passion and Hobbies: Outdoors
Description: According to certain media sources, enjoys the alpine environment, and this is the reason he moved to Switzerland.

Kind of Interests, Passion and Hobbies: Design - Furniture
Description: He dealt with furniture practically during his entire business career.

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Giving Profile: Generous philanthropist gives primarily to refugee, child rights, immunization, environment and wildlife, education and medical research causes. Lifetime giving exceeds $300 million. Recipients include the United Nations Children's Fund, the United Nations High Commissioner for Refugees, the World Health Organization as well as universities and research centers. Reportedly also donated to Jewish organizations as an atonement for his early Nazi sympathies.

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