The man who built Ikea has died

Source: CNN | January 28, 2018 | Mark Thompson

The man who built the world’s biggest furniture retailer has died.

Ingvar Kamprad, founder of Ikea, passed away at his home in Sweden at the age of 91, the company said Sunday on its official Instagram account.

Born in 1926 in Småland, southern Sweden, Kamprad founded Ikea as a 17-year old in 1943.

Over the decades that followed he grew the company into a global brand with 355 stores in 29 countries, selling ready-to-assemble furniture, kitchen appliances and home accessories, as well as millions of Swedish meatballs.

“He will be immensely missed and warmly remembered by his family and Ikea employees around the world,” the company said in the statement.

Kamprad was one of the richest people in the world. He was ranked No. 8 on the Bloomberg Billionaires Index, which estimated his worth at $58.7 billion.

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  • Consistent #21213

    EVERYDAY #21217

    Have never been to IKEA — the concept of assembling my own furniture doesn’t appeal to me — but I hear the store has some good furnishings and their meatballs are good.

    Rest in peace, Mr. Kamprad.

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