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
Gerber Products Company Gerber Products Company Gerber Products Company is a purveyor of baby food and baby products headquartered in Florham Park, New Jersey, with plans to relocate to Arlington, Virginia. A formerly American-owned company, Gerber is now a subsidiary of Nestlé Group. Its subsidiary, Gerber Life Insurance Company, is headquartered in White Plains, New York. Gerber was founded in 1927 in Fremont, Michigan, by Daniel Frank Gerber, owner of the Fremont Canning Company, which produced canned fruit and vegetables. At the suggestion of a pediatrician, Gerber's wife, Dorothy, began making hand-strained food for their seven-month-old daughter, Sally. Recognising a business opportunity, Gerber