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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

From age 16 to 25, Kamprad reportedly was a friend and follower of Per Engdahl, the leader of the pro-Nazi Neo-Swedish movement. Engdahl attended Kamprad's first wedding in 1950; Kamprad broke with the movement only in 1951. When this was revealed in 1994, Kamprad apologized publicly; attributed his early sympathies to Nazism to his upbringing: his grandmother, a Sudeten German native of the current Czech Republic believed strongly in Adolf Hitler and welcomed the 1938 annexation of Sudetenland by Nazi Germany. Kamprad defended himself by adding he had not fully understood what the Neo-Swedish movement was about.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Horticulture
Description: Reportedly likes gardening and cultivating roses.

Kind of Interests, Passion and Hobbies: Outdoors - Canoeing/ Kayaking/ Rafting
Description: Reportedly likes rowing.

Kind of Interests, Passion and Hobbies: Business - Retail
Description: He started his own retail business at age 17 and was striving for perfection in retail while building the global IKEA empire. A "relentless" pursuer of efficiency, he said "wasting resources is a mortal sin at IKEA."

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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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