No Longer the World’s Richest

By Deane Barker on April 5, 2004

IKEA founder overtakes Gates as world’s richest man: Just watch — Bill will be found face down in a seedy bar without a nickel to his name this time next year.

Ingvar Kamprad, the Swede who founded furniture retail chain IKEA, has overtaken Microsoft’s Bill Gates as the world’s richest man…

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Comments

  1. IKEA is denying this story:

    “This is completely wrong. It’s a mistake that is made all the time,” said Ikea spokeswoman Marianne Barner. “Estimating the value of the company, including all the stores, and saying it’s all Ingvar’s, that is totally wrong.”

    “Ingvar Kamprad does not own Ikea. Ingvar donated the concern to the Dutch Stichting INGKA Foundation in 1982.”

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