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  1. Jun 26, 2024 · Ingvar Kamprad established a global empire with IKEA and became a self-made billionaire. At the time of his death, Bloomberg estimated his worth at approximately $58.7 billion, making him the ...

  2. According to a 2006 interview, Kamprad was then driving a 1993 Volvo 240, flew economy class, and encouraged IKEA employees to use both sides of a page when writing or printing. He reportedly recycled tea bags and was known to keep the salt and pepper packets in restaurants. [8]

  3. Jan 29, 2018 · Nearly 75 years after he founded IKEA, revolutionizing the way affordable furniture is designed and distributed, Swedish business magnate Ingvar Kamprad died on Saturday at the age of 91....

  4. Apr 22, 2008 · Tight-fisted Ikea Billionaire Drives 15-Year-Old Volvo, Assembles Own Furniture. In his faded coat, tinted prescription glasses and scuffed shoes, he looks like just another pensioner scraping by on a tight budget. But the man pictured here is Ingvar Kamprad, the reclusive Swedish founder of Ikea.

    • Michelle Kung
  5. Kamprad famously flew coach, stayed in budget hotels, and drove a modest 1993 Volvo 240 GL for over two decades. Kamprad’s thriftiness extended to his wardrobe.

  6. Jan 28, 2018 · Kamprad was known for driving an old Volvo, recycling tea bags and taking home little packets of salt and pepper from restaurant visits. He was known as “Uncle Scrooge” and “The Miser” in the...

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  8. Jan 28, 2018 · Even after becoming a multi-billionaire, Kamprad was known to drive a beat-up old Volvo. He never flew first-class and frequently wore second-hand clothes. Even late in life when Ingvar was...

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