2016-07-18

Ingvar Kamprad was born on 30 March 1926, in Elmtaryd, Sweden, of part-German descent. He is a businessman, mostly known as a founder of IKEA, the company that designs and sells furniture, home accessories and appliances. Ingvar is the richest person in Sweden.

So just how how rich is Ingvar Kamprad? It has been estimated by authoritative sources that now Ingvar’s net worth is $3.4 billion, as of mid-2016, with the majority of IKEA’s assets and revenue under an foundation located in Liechtenstein. However, there is no doubt that IKEA is one of the most successful companies of its type in the world, so very likely it will bring money to Kamprad’s family for a long time into the future.

Ingvar Kamprad Net Worth $3.4 Billion

From a very young age Ingvar dreamt about becoming a successful businessman. While still being just a young boy, Kamprad started to sell matches bought cheaply in Stockholm to his neighbors, and making a profit. Later Ingvar sold seeds, fish, pencils and other things. Probably no one thought that he might develop into one of the most successful businessmen and make Kamprad one of the richest people in the world. In 1943 when just 17, Kamprad founded IKEA – this acronym is closely releated to Ingvar himself, as I and K are the initials of his name and E and A represent Elmtaryd, where he was born, and Agunnaryd, the village near Elmtaryd where he was raised. The success of this company has had a huge impact on the growth of Ingvar Kamprad’s net worth. Now IKEA owns over 350 stores in more than 50 countries all over the world. In 2013 Ingvar decided to leave the board of IKEA. Despite this fact, he will still remain as one of the most successful businessmen and Ingvar’s net worth will probably become even higher.

It addition to his successful business, Kamprad has also written 2 books: A Testament of a Furniture Dealer and Leading by Design: The IKEA Story. This also added up to Ingvar Kamprad’s net worth.

Kamprad also owns a villa in Switzerland, where he lived from the ’70s until 2014, an estate in Sweden and a vineyard inFrance.

In his personal life, Kamrad was married to Kerstin Wadling (1950-60) – they adopted a daughter. He was then married to Margaretha Stennert from 1940 until her passing in 2011, and with whom he has three sons.

Despite the fact that Kamprad is one of the richest men in the world he still keeps it simple. When travelling, he chooses to travel in economy class, he recycles and tries to re-use things as much as he can. Maybe this character feature of him has made him so successful and helped Kamprad’s net worth to become higher. Ingvar is a perfect example of how it doesn’t matter how much you earn, you can still be simple and enjoy little things in life without trying to show off.

What is more Ingvar has founded the charitable foundation called Stichting INGKA Foundation, which helps to promote new ideas in the sphere of architecture, and also helps poor children.

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