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 the Far-Travelled Victorious. A second theory suggests that Ingvar was the son of a Swedish prince named Eymundr and who would have been the son of Eric the Victorious and the brother of Olof Skötkonung. The existence of this prince Eymundr has been suggested by Lauritz Weibull (1911) and J. Svennung (1966). The theory is based on a reevaluation of the age of the Ingvar runestones, proposed by Elias Wessén and Sune Lindquist and which suggests that the Ingvar Runestones were carved earlier in the 11th century. According to a third theory, proposed by F. Braun, and which is based on the