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Ingvar Kamprad Biography

08 April 2009

When you walk into a store to purchase some furniture, odds are you’re not thinking about the person behind the curtain who actually owns the store. Most of us are just looking for a good deal on a sofa, so the name Ingvar Kamprad doesn’t readily ring any bells. Kamprad is the founder of IKEA and is worth an estimated $31-billion.

IKEA is one of the world’s largest home furnishing retail chains, and with store locations all over the globe, the 7th wealthiest person in the world - according to Forbes magazine - continues to add onto the already stacked amount. Despite being associated with a pro-Nazi group, Kamprad still managed to earn a reputation as a kind and gentle humanitarian.

Ingvar Feodor Kamprad was born March 30, 1926 in Ljungby, Sweden. Even as a young boy, his business sense was evident. He would ride his bicycle around town selling matches to the boys in the neighborhood. He understood supply and demand before he understood basic grammar.

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