Ingvar Kamprad net worth

Ingvar Kamprad net worth

Net Worth: $4.2 Billion

About Ingvar Kamprad

Ingvar Kamprad net worth

It has been stated that the total amount of Ingvar Kamprad net worth reaches a size of 4.2 billion dollars, which makes him one of the richest people on earth. Ingvar Kamprad has earned his net worth through his career as a business magnate from Sweden. In his country, he is also regarded as one of the top richest people. Ingvar Kamprad is mostly known to the public as a founder of a well known company called IKEA. This company is a retail one, which specializes in selling furniture. It is also considered to be one of the main sources of Ingvar Kamprad net worth.

Ingvar Kampard was born in 1926 in Sweden. He was growing up in a farm. His grandfather was living in Germany, and moved to Sweden later, where his family continued to live, as well. When Ingvar Kamprad was a little boy, he was already interested into business and dreamt of creating his own business empire. Little did he know at that time, his dreams would come true and make him one of the billionaires in the world.

His first involvement into business was as a match seller. He sold matches to his neighbors directly from his bicycle.

Ingvar Kamprad would usually buy packs of matches from Stockholm and sell them at a low price to his neighbors, and in doing so, he still made profits for himself. Later, he expanded this business and began to sell not only matches, but also Christmas decorations, fish, ballpoint pens, seeds and pencils. When he was a teenager, Ingvar Kamprad received a decent cash sum which was given to him by his father, for his excellent academic performance.

In 1943, Ingvar Kamprad established his business, called IKEA. The first version of IKEA was much smaller than it is right now – it was simply on a kitchen table. In 1948 Ingvar Kamprad extended his business and began to sell furniture, which was mainly sent through mail orders. IKEA name is an acronym of four words – Ingvar Kamprad’s name, as well as the family’s name on whose farm he was living – Elmtaryd, and the village near the farm, called Agunnaryd.

In 2013, Ingvar Kampard quitted serving as a member of the board of IKEA. Nevertheless, his career in this company has made him a well known man all over the world and his business also became one of the most profitable ones, bringing huge sums of money to Ingvar Kamprad net worth.

Now you have an idea why Ingvar Kamprad net worth is this huge

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