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
All Metal Products Company All Metal Products Company All Metal Products Company was an American toy company founded in 1920 and based in Wyandotte, Michigan for most of its history. It produced inexpensive pressed metal toys under the Wyandotte brand name, and was the largest manufacturer of toy guns in the US for several decades in the 20th century. The company's slogan was "Wyandotte Toys are Good and Safe." To keep costs down, the company used scrap and surplus raw materials whenever possible, often manufacturing their toys from scrap metal obtained from local auto factories. Initially, All Metal Products Company specialized in toy guns,