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Ikea Founder World's Richest Man  
User currently offlineLatinAviation From Ireland, joined Nov 2003, 1276 posts, RR: 15
Posted (10 years 2 weeks 2 days 11 hours ago) and read 1371 times:

IKEA FOUNDER PA$$ES GATES
http://www.nypost.com/news/worldnews/22255.htm

Ingvar Kamprad, the Swede who founded furniture retail chain IKEA, has overtaken Microsoft's Bill Gates as the world's richest man, according to reports on Swedish television.
Citing this week's edition of the Swedish business weekly Veckans Affarer, public service SVT2 television said Kamprad, 77, has a personal fortune of 400 billion crowns - $53 billion.

Gates' fortune is put at $47 billion, according to the latest list of the world's richest people in Forbes magazine.


25 replies: All unread, showing first 25:
 
User currently offlineWellHung From , joined Dec 1969, posts, RR:
Reply 1, posted (10 years 2 weeks 2 days 11 hours ago) and read 1352 times:

and he denies it...  Confused



http://news.yahoo.com/news?tmpl=story&u=/cpress/20040405/ca_pr_on_bu/ikea_founder_3


User currently offlineMerC From Sweden, joined Dec 2003, 590 posts, RR: 3
Reply 2, posted (10 years 2 weeks 2 days 11 hours ago) and read 1345 times:

Damn, I did not know he was that rich!


It's Scandinavian
User currently offlineFlyingbronco05 From United States of America, joined May 2002, 3840 posts, RR: 2
Reply 3, posted (10 years 2 weeks 2 days 11 hours ago) and read 1313 times:

According to CNN and Forbes, it is still Bill Gates.

rank name age worth ($bil) country of citizenship
1 William H Gates III 47 40.7 United States
2 Warren E Buffett 72 30.5 United States
3 Karl & Theo Albrecht -- 25.6 Germany
4 Paul G Allen 50 20.1 United States
5 Prince Alwaleed Bin Talal Alsaud 46 17.7 Saudi Arabia
6 Lawrence J Ellison 58 16.6 United States
7 Alice L Walton 54 16.5 United States
7 Helen R Walton 83 16.5 United States
7 Jim C Walton 55 16.5 United States
7 John T Walton 57 16.5 United States
7 S Robson Walton 59 16.5 United States
12 Liliane Bettencourt 80 14.5 France
13 Kenneth Thomson & family 79 14.0 Canada
14 Ingvar Kamprad 76 13.0 Sweden
15 Birgit Rausing & family -- 12.9 Sweden
16 Steven A Ballmer 46 11.1 United States
17 John W Kluge 88 10.5 United States
18 Barbara Cox Anthony 79 10.3 United States
18 Anne Cox Chambers 83 10.3 United States
18 Amancio Ortega 67 10.3 Spain
21 Forrest E Mars Jr 71 10.0 United States
21 Jacqueline Mars 64 10.0 United States
21 John F Mars 66 10.0 United States
24 Michael Dell 38 9.8 United States
25 Abigail Johnson 41 8.2 United States



Never Trust Your Fuel Gauge
User currently offlineSevenair From United Kingdom, joined Feb 2001, 1728 posts, RR: 0
Reply 4, posted (10 years 2 weeks 2 days 11 hours ago) and read 1311 times:

But hey-he is the exact opposite to Bill Gates-he give people good quality stuff at a price that is so low that as many people as possible can afford it-unlike Microsoft, which is both unethical, has monopolies and charges the eart-it is still good old IKEA, with only 160odd stores worldwide who is best. And all this from a man, who at 16 registered the name IKEA when he sold matchsticks at the local market. Well done Ingvar, and remember your old saying "most things still remain to be done, in all, a glorious future". With this in mind IKEA is set to grow even further, and even when I leave IKEA, I will still be a huge fan, and follow the company closely! THe IKEA story is a one of amazement, joy, pain, and learning to do things differently-with one key goal- To create a better every day living for the many people"
From, a devoted member of the IKEA family, Gateshead, (store 143).


User currently offlineSevenair From United Kingdom, joined Feb 2001, 1728 posts, RR: 0
Reply 5, posted (10 years 2 weeks 2 days 11 hours ago) and read 1310 times:

Yeah, i still not sure he is the worlds richest man.

User currently offlineConcordeBoy From , joined Dec 1969, posts, RR:
Reply 6, posted (10 years 2 weeks 2 days 10 hours ago) and read 1306 times:

14 Ingvar Kamprad 76 13.0 Sweden

Hmm, one of em's only off by the paltry sum of $40,000,000,000.... great accuracy  Big thumbs up


User currently offlineJAL777 From , joined Dec 1969, posts, RR:
Reply 7, posted (10 years 2 weeks 2 days 8 hours ago) and read 1264 times:

Hey I worked for IKEA. Great company and great people (mostly). However, I would not call their products "quality stuff." It was affordable and stylish furniture.

User currently offlineRen41 From United States of America, joined Jan 2001, 1524 posts, RR: 1
Reply 8, posted (10 years 2 weeks 2 days 8 hours ago) and read 1260 times:

Abigail Johnson (Fidelity Investments), #25 on that list lives right behind me. I wish I had that kind of money...

R41


User currently offlineJetChaser From Canada, joined Dec 2003, 187 posts, RR: 0
Reply 9, posted (10 years 2 weeks 2 days 8 hours ago) and read 1258 times:



FB;

I'm familiar with most on your list. How did #3 (Karl and Theo) come into their money?

JetChaser


User currently offlineRacko From Germany, joined Nov 2001, 4856 posts, RR: 20
Reply 10, posted (10 years 2 weeks 2 days 8 hours ago) and read 1251 times:

Aldi discount supermarkets. Huge in Germany, big in Europe, growing in the US.

User currently offlineQantasforever From , joined Dec 1969, posts, RR:
Reply 11, posted (10 years 2 weeks 2 days 7 hours ago) and read 1239 times:

Aldi is very popular in Australia.

QFF


User currently offlineMoPac From United States of America, joined Sep 2003, 215 posts, RR: 0
Reply 12, posted (10 years 2 weeks 2 days 6 hours ago) and read 1225 times:

According to CNBC & Mr. Kamprad the only way his net worth could be anywhere near the 53 Billion claim by the Swedish magazine is if you included all of the interests that he's given away to charities over the last 20 years. As commendable as it is, he's given away to charity somewhere in the neighborhood of US$35 Billion at present values. But in the end, since those holdings are no longer in his possession, most rankings do not consider them.

On a side note, I think those reporters might have worked for Donald Trump at one time or another... "I only own 10% of that building??? Well, tell Forbes I own 70% so I will make 'The List'."


User currently offlinePROSA From United States of America, joined Oct 2001, 5578 posts, RR: 5
Reply 13, posted (10 years 2 weeks 2 days 5 hours ago) and read 1215 times:

Hey, if both of you are single ....  Smokin cool


"Let me think about it" = the coward's way of saying "no"
User currently offlineGigneil From United States of America, joined Nov 2002, 16345 posts, RR: 86
Reply 14, posted (10 years 2 weeks 2 days 5 hours ago) and read 1213 times:

It seems to be an accounting mistake...

...the stores don't belong to him personally, and the statistic indicates that they do.

N


User currently offlinePROSA From United States of America, joined Oct 2001, 5578 posts, RR: 5
Reply 15, posted (10 years 2 weeks 2 days 5 hours ago) and read 1213 times:

Look what I get for not copying and pasting. I'll try again:

Abigail Johnson (Fidelity Investments), #25 on that list lives right behind me. I wish I had that kind of money...

Hey, if both of you are single ....




"Let me think about it" = the coward's way of saying "no"
User currently offlineVectorVictor From United States of America, joined Feb 2005, 0 posts, RR: 0
Reply 16, posted (10 years 2 weeks 2 days 5 hours ago) and read 1206 times:

One thing is certain, Ingvar is a smart man...

Kamprad has a reputation for frugality and lives in Switzerland where, as a resident, he is not subject to Sweden's taxes, which are among the highest in the world.


User currently offlineLH423 From Canada, joined Jul 1999, 6501 posts, RR: 54
Reply 17, posted (10 years 2 weeks 2 days 4 hours ago) and read 1189 times:

Racko: According to the website, with 700 out of the 5,000 Aldi markets in the US, it'd be a bit of an understatement to say they're just "growing"  Laugh out loud. We don't have any in Massachusetts yet but I have heard of them.

LH423



« On ne voit bien qu'avec le cœur. L'essentiel est invisible pour les yeux » Antoine de Saint-Exupéry
User currently offlineMD11Engineer From Germany, joined Oct 2003, 13804 posts, RR: 63
Reply 18, posted (10 years 2 weeks 2 days 3 hours ago) and read 1174 times:

Aldi definitely made a huge impact in Ireland, where they, together with Lidl, broke the grocery monopoly of Dunnes Stores and Tesco.

Jan

BTW, much of my furniture comes from Ikea. One thing I like about their products is that they continue certain items for a long time. I can always get add-ons for my bookshelves if I run out of space, even though I bought the first section almost 20 years ago.


User currently offlineMITaero From United States of America, joined Jul 2003, 497 posts, RR: 8
Reply 19, posted (10 years 2 weeks 2 days 2 hours ago) and read 1164 times:

Sevenair,

Do you have any idea how much $$$ Bill Gates gives to charity and educational programs? (it's a ton)  Smile

(Ikea is awesome too, I'm typing by the light of one of their desk lamps)



User currently offlineBofredrik From , joined Dec 1969, posts, RR:
Reply 20, posted (10 years 2 weeks 2 days 2 hours ago) and read 1156 times:

Charity? I do not like charity at all.

"Kamprad himself was an enthusiastic Nazi sympathiser, though he now calls this youthful folly"./Observer

"Much of today's child labor occurs in third-world countries where most of the big companies, such as IKEA, have their products made."/NBTI


User currently offlineWidgetBoi From United States of America, joined Mar 2004, 1432 posts, RR: 20
Reply 21, posted (10 years 2 weeks 2 days 1 hour ago) and read 1144 times:

Lucky bastard  Big grin

jeremy


User currently offlineSevenair From United Kingdom, joined Feb 2001, 1728 posts, RR: 0
Reply 22, posted (10 years 2 weeks 2 days ago) and read 1137 times:

MITaero: do you know how much IKEA gives to charity? ANd Ingvar was a Nazi sympathiser in his youth. Now each store has its own nominated charities. We give millions to Unicef and other charities. When you consider how much MS has spare, its not a great deal. IM not geoing into a IKEA/MS debate. IKEA is a MUCH smaller company than MS.

And IKEA products are of a high quality. Since the 1960s, the IKEA products have 'Mobelfactor' (not too sure of the spelling) which came from a review of Swedens leading home furnishings magazine, which proved that IKEA products are of a high quality at a low price. IKEAs costs are lower, so if you comapre a £500 sofa from IKEA< and a £500 sofa from Marks and Spencer Lifestore, the IKEA one would be of a better quality as a greater % of the cost goes into the actual sofa, and not expensive overheads, or large profit margins. 'Throw away products' are not IKEA. ANd when you think about ir, the place has curtains for £3.50, so I doubt you would expect those to last forever.


User currently offlineMerC From Sweden, joined Dec 2003, 590 posts, RR: 3
Reply 23, posted (10 years 2 weeks 1 day 20 hours ago) and read 1112 times:

(Ikea is awesome too, I'm typing by the light of one of their desk lamps)

This computer stands on a writing desk by IKEA. Big grin



It's Scandinavian
User currently offlineMITaero From United States of America, joined Jul 2003, 497 posts, RR: 8
Reply 24, posted (10 years 2 weeks 1 day 18 hours ago) and read 1093 times:

>THe IKEA story is a one of amazement, joy, pain, and learning to do things differently-with one key goal- To create a better every day living for the many people"

I'm just saying that IKEA probably isn't the only company in the world with that goal.. so it's not really fair to be vicious to any other company  Smile


User currently offlineSevenair From United Kingdom, joined Feb 2001, 1728 posts, RR: 0
Reply 25, posted (10 years 2 weeks 1 day 14 hours ago) and read 1056 times:

Bofredrik-actually IKEA is totally against worker exploitation-it makes suppliers sign a contract promising fair treatment to all workers, and no child labour and agree that an IKEA representitive will turn up totally unannounced to ensure that the supplier does keep up. So im sorry, 'companies like IKEA' (I take it you mean a multinational) may explout, but IKEA itself does not.

YEah true, other companies may do that, but not at a price that as many people as possible can afford it. And I dunnu, but Ace OF Base (swedish band) Singer 'Ulf' was also a Nazi fan so I dont know if it a Swedish youth thing, but IKEA is a great place to work if you are gay, or black, or a Jew (all the things a Nazi symphasyser would hate), because Ingvar has ensured that IKEA as a workplace is one which is fair and treats all equally. I am going to be in a two page spread inthe company worldwide employee magazine ("ReadME"-which was commissioned by Ingvar) about bein gay in IKEA-and im sure if Ingvar was still a Nazi fan then surely he would do something to stop it as Seniou Advisor to the company. We all do weired stuff when we are young, so I dont see why people stil keep harking on about it


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