What’s Going to Happen to Ikea Founder’s Billions?

Holding structure keeps retailer outside family’s control
Ingvar Kamprad created the world’s 8th-biggest fortune

ThisIs What'll Happen With the Late-Ikea Founder’s Billions

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE

By Devon Pendleton

January 31, 2018 at 5:12 AM EST

Updated on

January 31, 2018 at 6:59 AM EST

This article is for subscribers only.

When Ikea’s Ingvar Kamprad died Saturday at age 91, he was ranked No. 8 on the Bloomberg Billionaires Index thanks to his control of a global retail fortune valued at $58.7 billion.

Ingvar Kamprad, Ikea’s Swedish Billionaire Founder, Dies at 91

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE