Ingvar Kamprad Ingvar Kamprad Feodor Ingvar Kamprad (; 30 March 1926 – 27 January 2018) was a Swedish best known for founding IKEA, a multinational retail company specialising in furniture. He lived in Switzerland from 1976 to 2014. Kamprad was born in Pjätteryd (now part of Älmhult Municipality), Kronobergs län, in Småland, Sweden, to Feodor Kamprad (1893–1984) and Berta née Nilsson (1903–1956). His mother was of Swedish origin, while his father was born in Germany and came to Sweden aged one with his parents. Kamprad's paternal grandfather Achim Erdmann Kamprad was originally from Altenburger Land in Thuringia, and his paternal grandmother Franzisca
Ingvar Kamprad development, allowing it to lower its prices by an average of 2–3% over the decade to 2010, while continuing its global expansion. Kamprad explains his social philosophy in his "Testament of a Furniture Dealer": "It is not only for cost reasons that we avoid the luxury hotels. We don't need flashy cars, impressive titles, uniforms or other status symbols. We rely on our strength and our will!" Kamprad owned a villa in Switzerland, a large country estate in Sweden and a vineyard in Provence, France. Kamprad drove a Porsche for several years. Kamprad had named his sons as the sole