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
Essential Products Essential Products Essential Products (marketed as Essential) is an American technology company and manufacturer founded on November 9, 2015 by Andy Rubin and based in Palo Alto. The company is currently developing two products, the Android smartphone Essential Phone and Essential Home, which runs Ambient OS. The company was established in Palo Alto on November 9, 2015 by Android co-founder Andy Rubin, with funding from Playground Global. In December 2016, Brian Wallace, who left his occupation as chief marketing officer for Magic Leap a month prior, was reportedly working with Rubin. Trademarks with the 'Essential' brand name were also filed