Ingvar Kamprad

Sweden's richest man controls IKEA, the world's largest furniture retailer, through a series of trusts and foundations. The company generated more than $33 billion in revenue and about $4 billion in net income in 2011. Ikano Group, his family's investment vehicle, manages four IKEA franchises, a credit card business and real estate investments.

Ingvar Kamprad News

Thyssen Woes Tarnish 99-Year-Old Steel Baron’s Legacy

For 60 years, the name of Berthold Beitz has been synonymous with Germany’s biggest steelmaker, ThyssenKrupp AG, at first for his role in rebuilding the former arms supplier and helping it break with its Nazi past.
Bill Gates Retakes World’s Richest Title From Carlos Slim

Bill Gates is once again the world’s richest person.
World’s Richest Drop $46 Billion as Ortega Beats Kamprad

The world’s wealthiest people lost a combined $45.7 billion this week, as the Standard & Poor’s 500 Index pared its worst weekly drop since November amid better- than-estimated earnings.
Billionaire Tax Haven Liechtenstein Loses on Bank Reforms

Liechtenstein, a principality once fabled for its banking secrecy laws, is losing its perch as one of the world’s top tax havens for the richest people on Earth.
The World’s 200 Richest People

Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Offshore Tax Havens in Spotlight After 200-Year History

The origins of the offshore finance industry dates back to Vienna, Austria, in 1815, when Switzerland’s neutrality was established at the Vienna Congress.
Billionaires Flee Havens as Trillions Pursued Offshore

Billionaire Dmitry Rybolovlev, Russia’s 14th-richest person, and his wife, Elena Rybolovleva, have been brawling for almost five years in at least seven countries over his $9.5 billion fortune.
Ikea’s Kamprad Is Europe’s Richest in Billionaire Index

The IKEA retail empire Ingvar Kamprad started almost 70 years ago has amassed a fortune that Bloomberg values at more than $40 billion and makes him the richest man in Europe, and one of the world’s five wealthiest men.
Ikea’s Owner May Spend ‘Billions’ to Develop U.K. Properties

The owner of the Ikea retail franchise said it has “billions” of pounds to spend as it starts an expansion into the U.K.’s homebuilding and real-estate development market.
Ikea’s Ohlsson Targets Fourfold Increase in China Stores by 2020

Ikea Group, the world’s biggest home-furnishings retailer, plans to increase the number of outlets fourfold in China as the world’s most populous nation is set to become the company’s second-largest market.