Ingvar Kamprad later, he fell to 162nd after his lawyers produced documents proving that the foundation he established and heads in Liechtenstein owns IKEA, and that its bylaws bar him and his family from benefiting from its funds. In June 2015, Kamprad was listed as the eighth wealthiest person in the world in the Bloomberg Billionaires Index, with an estimated net worth of $58.7 billion. Forbes reported Kamprad's net worth as of February 2016 to be $3.4 billion. While generally a private person, Kamprad had published a few notable works. He first detailed his philosophies of frugality and simplicity in a manifesto
International Home Foods International Home Foods International Home Foods was an American manufacturer, distributor and marketer of food products, based in Papsippany, New Jersey. It was acquired in June 2000 by ConAgra Foods in a $2.9 Billion dollar deal. Its best known brands were Chef Boyardee pasta products, PAM cooking spray, Bumble Bee Seafood, and Gulden's mustard. International Home Foods was formed in November 1996 when American Home Products spun off its food business, which was acquired by Hicks, Muse, Tate & Furst and C. Dean Metropoulos & Co. The latter paid $1.2 Billion to acquire 80% of International Home Foods, and grew