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Ingvar Kamprad

Person
Ingvar Kamprad
Ministry of Enterprise, Energy and Communications of Sweden/Sandra Baqirjazid / CC BY 2.0 · resizedfile
Born
IKEA made furniture affordable partly by changing how it was displayed, transported and assembled. Kamprad adopted flat-pack methods and developed self-service retailing around that proposition, rather than inventing the flat pack itself. His business created considerable wealth, but he transferred ownership of the principal retail group to a foundation in 1982. That structure matters: the value of IKEA cannot simply be counted as his personal estate.
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