IKEA's founder and former CEO, Ingvar Kamprad, was renowned for his extreme frugality. He bought clothes from flea markets, recycled tea bags, and got cheap haircuts. Like Warren Buffett and other ...

That’s because the founder of IKEA, who died in 2018 at age 91, kept a low profile and rarely gave interviews. Nevertheless, it should come as no surprise that the man behind the famously low ...

He used the money to found IKEA in 1943. Kamprad didn't introduce furniture until five years in; he'd started by selling small household items, like picture frames.

Ikea's founder, Ingvar Kamprad, is a billionaire. In fact, he's the second-richest man in Europe, with a reported net worth of $39.3 billion. But he doesn't spend all of his money on Louis Vuitton ...