Photos: Ikea founder, Ingvar Kamprad dies aged 91: He was worth £51bn!

January 28, 2018 6:49 pm

Ikea founder Ingvar Kamprad has died, the company has confirmed.

Ikea founder Ingvar Kamprad, described as 'one of the greatest entrepreneurs of the 20th century', has died

The 91-year-old billionaire passed away on Saturday at his mansion in Smaland, Sweden. Multinational Ikea, which has hundreds of stores across dozens of countries, has long been the world’s largest furniture retailer. In a statement, the company described Mr Kamprad as ‘one of the greatest entrepreneurs of the 20th century’ and said his end was peaceful.
Ingvar set the business up when he was just 17 that is now worth £51bn with 412 stores… but despite his wealth he wore second hand clothes and drove 15-year-old car.

Mr Kamprad - who was once listed as the world's fourth richest man and accumulated a fortune of about £51billion - is renowned for his frugality

Rest in peace sir, your legacy lives on!

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