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
Ingvar Kamprad largest farm in the area. He committed suicide a few years after Frans Feodor was born, leaving the farm to Franzisca and with time Franz Feodor. Ingvar Kamprad lived on the farm with his parents, sister and grandmother from the age of 6. Kamprad visited his family's ancestral town in Thuringia and kept in contact with relatives there. Kamprad began to develop a business as a young boy. He started selling matches at the age of five. When he was seven he began travelling further afield on his bicycle to sell to neighbours. He found he could buy matches in