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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:
Self-Made
Age:
90
Birthday:
30 March 1926
Religion:
Christian
Nationality:
Sweden
Hometown:
Ljungby, Kronoberg, Sweden
Marital Status:
Widowed

Biography

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

Reportedly IKEA was among the first prominent companies to include in their commercials transgender peoples and gay couples.

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Interests, Passion, Hobbies

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: Outdoors - Canoeing/ Kayaking/ Rafting
Description: Reportedly likes rowing.

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

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Philanthropy

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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