Ingvar Kamprad, founder of Ikea, may be worth about $ 41.2 billion, according to Bloomberg, he still watching every penny. The ninth richest person in the world wearing used clothes, he says in a Swedish documentary.
“I do not think I wear something that is not bought at a flea market,” he said yesterday in broadcast on Swedish television station TV4.
Without his own frugal behavior, Ikea would never have been as successful, Kamprad says in the documentary. “I like to lead by example.” About eight years ago, he explained that, even though, “If I live luxurious, it will only encourage others to follow suit.”
His economy could be a marketing ploy, but it looks like he really means what he says. As was the Swedish media in January his old bungalow in Switzerland for sale for 4.2 million euros. The house of 4150 square meters would not be properly maintained and must be demolished, the ad stated.
Travelling by bus
Kamprad really watch every penny. go to the barber he does in developing countries and is going for years around the rumor that he pockets with salt and pepper taking it home. Instead of flying on a private jet or business class, he still buy the cheapest ticket.
Then three years ago he was awarded an award at a gala event, he was the first who arrived. For he came by bus.
Various estimates equity
Incidentally, the 89-year-old entrepreneur has all those billions of course not all the time on his account. Most of the money is in the business. How rich he is, is hard to say. A Swedish magazine estimated his assets even at such 65.8 billion.
Ikea is now run by his three sons who live a retired life. They have the daily management of Ikea, which is housed in several complex structures, such as a Dutch foundation. Through this route could avoid the company in six years for $ 1 billion in taxes.
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