Ingvar Kamprad bulk very cheaply from Stockholm, sell them individually at a low price, and still make a good profit. From matches, he expanded to selling fish, Christmas tree decorations, seeds, and later ballpoint pens and pencils. When Kamprad was 17, his father gave him a cash reward for succeeding in his studies. Ingvar attended Göteborgs handelsinstitut, now part of Hvitfeldtska Gymnasiet, from 1943 to 1945. In 1943, when he was 17, Kamprad founded IKEA, selling replicas of his uncle Ernst's kitchen table. In 1948, Kamprad diversified his portfolio, adding furniture. His business was mostly mail order. The acronym IKEA is made
Ingvar Kamprad Ingvar's head whatsoever." Kamprad and his first wife Kerstin Wadling adopted a daughter, Annika. In the 1960s, Kamprad married his second wife, Margaretha Kamprad-Stennert (1940–2011), whom he met when she was twenty years old. They had three sons: Peter, Jonas and Mathias. He lived in Épalinges, Switzerland, from 1976 to 2014. Kamprad moved back to Småland in Sweden in March 2014 after 40 years abroad. While working with furniture manufacturers in Poland earlier in his career, Kamprad became an alcoholic. In 2004 he said that his drinking was under control, and according to "The New York Times", Kamprad "controlled it