IKEA founder dead: Billionaire Ingvar Kamprad dead at 91 as tributes are paid to ‘great entrepreneur’ with controversial past
The IKEA founder, who passed away peacefully at home, established the world-famous store when he was just 17
The world famous furniture store confirmed the death of its founder in a tweet this morning saying that he had passed away peacefully at home.
Kamprad, who was born in 1926, founded the company when he was just 17 and went on to establish more than 300 stores in 38 countries worldwide.
Initially a mail order company, IKEA’s first store opened in 1958, two years after a member of staff came up with the idea of unscrewing table legs so furniture can be flat-packed.
Kamprad showed entrepreneurial promise at an early age, and started selling matches when he was just six years old.
But his past wasn’t without controversy. He was said to be a Nazi sympathiser in the immediate post-war years, later describing it as the ‘greatest mistake’ of his life.