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Ingvar Kamprad, Ikea's billionaire founder, dies at 91

Swede Ingvar Kamprad at the Swiss Federal Institute of Technology in Ecublens, near Lausanne, in May 2013. His estimated net worth of US$58.7 billion was accumulated by producing furniture for the masses that was affordable and easy to transport.


INGVAR Kamprad, whose boyhood business of selling pencils and seeds from his bicycle in Sweden eventually grew into the Ikea furniture chain, has died. He was 91.

"The founder of Ikea and Ikano, and one of the greatest entrepreneurs of the 20th Century, Ingvar Kamprad,...

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