IKEA's founder and former CEO, Ingvar Kamprad, was renowned for his extreme frugality. He bought clothes from flea markets, recycled tea bags, and got cheap haircuts. Like Warren Buffett and other ...
He used the money to found IKEA in 1943. Kamprad didn't introduce furniture until five years in; he'd started by selling small household items, like picture frames.
Ikea’s founder has passed away The company announced its founder, Ingvar Kamprad, passed away on Saturday at the age of 91. Kamprad founded Ikea as a mail order business at the age of ...
He used the money to found IKEA in 1943. Kamprad didn't introduce furniture until five years in; he'd started by selling small household items, like picture frames.