40 Facts About Ingvar Kamprad

1. Ingvar Kamprad was a supporter of the "New Swedish Movement" in 1943 which stressed upon Swedish Nationalism.

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2. Ingvar Kamprad is a Swedish businessman; he is the founder of IKEA, a Swedish retail company.

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3. Ingvar Kamprad attending the inauguration of the Margaretha Kamprad Chair of Environmental Science and Limnology of the Swiss Federal Institute of Technology of Lausanne in 2012.

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4. Ingvar Kamprad posing for a photo with an Ikea staffer.

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5. Ingvar Kamprad stated his business philosophy as, "Our idea is to serve everybody, including people with little money.

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6. Ingvar Kamprad believes in equal opportunities for both men and women.

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7. Ingvar Kamprad assigned each of his sons a specific role in the IKEA enterprise according to their interests.

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8. Ingvar Kamprad is the chairman and founder of this foundation and his principal concern for establishing this foundation was to promote design and architectural innovations and save IKEA from the threat of takeover.

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9. Ingvar Kamprad always travels in economy class of the plane.

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10. Ingvar Kamprad said in an interview that his wife sacrificed her career as a teacher.

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11. Ingvar Kamprad has achieved great financial success with his business IKEA.

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12. Ingvar Kamprad is recognized for some of his remarkable business ethics.

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13. Ingvar Kamprad wanted to reach his potential customers everywhere in the world.

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14. Ingvar Kamprad has placed clocks all around his IKEA stores so that people can manage time.

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15. In 1947, Ingvar Kamprad decided to include furniture in his business's product portfolio.

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16. In 1956 Ingvar Kamprad introduced to IKEA's inventory flat-boxed furniture that was designed to be assembled at home.

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17. Ingvar Kamprad responded by having IKEA design its own merchandise and by contracting with foreign businesses for materials.

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18. In 1948 Ingvar Kamprad began selling inexpensive furniture, and the new merchandise proved to be so popular that in 1951 IKEA began to offer only home furnishings.

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19. Ingvar Kamprad displayed entrepreneurial skills as a boy when he began selling matches to neighbours.

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20. Ingvar Kamprad fears that there might not be a smooth succession and naming any one of his sons as the CEO would make them fight against each other for the rest of their lives.

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21. Ingvar Kamprad is one of those personalities who suffered from Dyslexia as a child.

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22. Ingvar Kamprad was a supporter of the "New Swedish Movement" in 1943.

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23. Ingvar Kamprad hopes to show North Koreans that a free-market economy with a proper socialist safety net is a sustainable path for the future.

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24. Ingvar Kamprad died in his sleep of pneumonia at his home in Smaland, Sweden, on 27 January 2018 at the age of 91.

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25. Ingvar Kamprad was known for purchasing Christmas paper and presents in post-Christmas sales.

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26. Ingvar Kamprad lived in Epalinges, Switzerland, from 1976 to 2014.

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27. Ingvar Kamprad devoted two chapters to his time in Nysvenska Rorelsen in his book Leading by Design: The IKEA Story and, in a 1994 letter to IKEA employees, called his affiliation with the organization the "greatest mistake of his life".

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28. In June 2013, Ingvar Kamprad resigned from the board of Inter IKEA Holding SA and his youngest son Mathias Kamprad replaced Per Ludvigsson as the chairman of the holding company.

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29. Ingvar Kamprad attended Goteborgs handelsinstitut, now part of Hvitfeldtska Gymnasiet, from 1943 to 1945.

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30. Ingvar Kamprad began to develop a business as a young boy.

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31. Ingvar Kamprad started selling matches at the age of five.

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32. Ingvar Kamprad reportedly wanted to develop Norrland and make it possible for young people to live there.

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33. Ingvar Kamprad had named his sons as the sole heirs of an entity called the Ikano Group, which holds a substantial minority stake in IKEA estimated at US$1.5 billion.

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34. Ingvar Kamprad had been known to visit IKEA for a "cheap meal".

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35. Ingvar Kamprad moved back to Smaland in Sweden in March 2014 after 40 years abroad.

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36. Ingvar Kamprad had raised funds and recruited members for the group, at least as late as September 1945.

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37. In June 2015, Ingvar Kamprad was listed as the eighth wealthiest person in the world in the Bloomberg Billionaires Index, with an estimated net worth of $58.7 billion.

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38. In 1943, when he was 17, Ingvar Kamprad founded IKEA, selling replicas of his uncle Ernst's kitchen table.

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39. Ingvar Kamprad visited his family's ancestral town in Thuringia and kept in contact with relatives there.

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40. Ingvar Kamprad coined the name "Ikea" by combining his name and the names.

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