Ingvar Kamprad According to an article in the Swedish business weekly "Veckans Affärer" in 2004, Kamprad was one of the world's wealthiest people. This report was based on the assumption that he owned the entire company, an approach both IKEA and the Kamprad family rejected. Kamprad retained little direct ownership in the company, having transferred his interest to Stichting INGKA Foundation and INGKA Holding as part of a complex tax sheltering scheme that leaves his actual degree of control vague. In March 2010, "Forbes" magazine estimated Kamprad's fortune at US$23 billion, making him the eleventh richest person in the world. A year
Home Décor Products and was forced to declare Chapter 7 Bankruptcy on March 26, 2009, and has ceased operations. In 2006, Home Décor Products was recognized as #5 on the Internet Retailer Top 500 List in the Housewares/Home Furnishings category. HDPI was also ranked on the "Inc." 500 List of Fastest Growing Companies of 2006. HDPI announced a capital investment of $65 million from 3i Group, Liberty Media and Comcast Interactive Capital in December 2006. Home Décor Products Home Décor Products, Inc. was a large online retailer of home improvement and furnishings, headquartered in Edison, NJ. It claimed to stock more than 450,000