Ingvar Kamprad Net Worth

Ingvar Kamprad Net Worth is
$3.5 Billion

Ingvar Kamprad Biography

Ingvar Kamprad was born on 30 March 1926, in Elmtaryd, Sweden, of part-German descent. He is a businessman, mostly known as a founder of IKEA, the company that designs and sells furniture, home accessories and appliances. Ingvar is the richest person in Sweden.

So just how how rich is Ingvar Kamprad? It has been estimated by authoritative sources that now Ingvar’s net worth is $3.5 billion, as of mid-2017, with the majority of IKEA’s assets and revenue under an foundation located in Liechtenstein. However, there is no doubt that IKEA is one of the most successful companies of its type in the world, so very likely it will bring money to Kamprad’s family for a long time into the future.

Ingvar Kamprad Net Worth $3.5 Billion

From a very young age Ingvar dreamt about becoming a successful businessman. While still being just a young boy, Kamprad started to sell matches bought cheaply in Stockholm to his neighbors, and making a profit. Later Ingvar sold seeds, fish, pencils and other things. Probably no one thought that he might develop into one of the most successful businessmen and make Kamprad one of the richest people in the world. In 1943 when just 17, Kamprad founded IKEA – this acronym is closely releated to Ingvar himself, as I and K are the initials of his name and E and A represent Elmtaryd, where he was born, and Agunnaryd, the village near Elmtaryd where he was raised. The success of this company has had a huge impact on the growth of Ingvar Kamprad’s net worth. Now IKEA owns over 350 stores in more than 50 countries all over the world. In 2013 Ingvar decided to leave the board of IKEA. Despite this fact, he will still remain as one of the most successful businessmen and Ingvar’s net worth will probably become even higher.

It addition to his successful business, Kamprad has also written 2 books: A Testament of a Furniture Dealer and Leading by Design: The IKEA Story. This also added up to Ingvar Kamprad’s net worth.

Kamprad also owns a villa in Switzerland, where he lived from the ’70s until 2014, an estate in Sweden and a vineyard inFrance.

In his personal life, Kamrad was married to Kerstin Wadling (1950-60) – they adopted a daughter. He was then married to Margaretha Stennert from 1940 until her passing in 2011, and with whom he has three sons.

Despite the fact that Kamprad is one of the richest men in the world he still keeps it simple. When travelling, he chooses to travel in economy class, he recycles and tries to re-use things as much as he can. Maybe this character feature of him has made him so successful and helped Kamprad’s net worth to become higher. Ingvar is a perfect example of how it doesn’t matter how much you earn, you can still be simple and enjoy little things in life without trying to show off.

What is more Ingvar has founded the charitable foundation called Stichting INGKA Foundation, which helps to promote new ideas in the sphere of architecture, and also helps poor children.

Known for movies

Quick Facts

Full NameIngvar Kamprad
Net Worth$3.5 Billion
Date Of BirthMarch 30, 1926
Place Of BirthAgunnaryd, Sweden
ProfessionBusiness magnate
SpouseMargaretha Kamprad (m. 1963–2011)
ChildrenPeter Kamprad, Jonas Kamprad, Mathias Kamprad, Annika Kihlbom
ParentsBerta Kamprad, Feodor Kamprad
NicknamesIngvar Feodor Kamprad

Interesting Facts

1Has lived in Epalinges, Switzerland since 1976.
2Is dyslexic.
3Although ranking #4 in "Forbes" magazine's 2007 List of Billionaires with an estimated fortune of US$ 33 billion, he is considered being stingy, driving a 15 year old Volvo and visiting IKEA for a cheap meal.
4Founded the home furnishing retail chain IKEA (the acronym is made up of his name's initials plus his family's farm Elmtaryd and a nearby village called Agunnardy) in 1943.


1Our idea is to serve everybody, including people with little money.
2People say I am cheap, and I don't mind if they do.
3If there is such a thing as good leadership, it is to give a good example. I have to do so for all the Ikea employees.
4We have to still develop the Ikea group. We need many billions of Swiss francs to take on China or Russia.
5I am very proud to follow the rules of our company.
6We ought to have more women in various management positions, because women are the ones who decide almost everything in the home.
7I'm stingy and I'm proud of the reputation.
8I'm not afraid of turning 80 and I have lots of things to do. I don't have time for dying.
9Everything we earn we need as a reserve.
10Ikea people do not drive flashy cars or stay at luxury hotels.



Mit Ikea nach Moskau2001DocumentaryHimself
IMDB Wikipedia

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