IKEA IKEA IKEA (, ) is a Swedish-founded multinational group that designs and sells , kitchen appliances and home accessories, among other useful goods and occasionally home services. It has been the world's largest furniture retailer since at least 2008. It was founded in Sweden in 1943 by 17-year-old carpenter, Ingvar Kamprad, who was listed by "Forbes" in 2015 as one of the ten richest people in the world, worth more than $40 billion. The company's name is an acronym that consists of the initials of Ingvar Kamprad (name of founder), Elmtaryd (the farm where he grew up), and Agunnaryd (his
Ingvar Kamprad interview, that "Per Engdahl is a great man, and I will maintain that as long as I live." Writing in "The Daily Telegraph", in August 2011; Richard Orange noted that the 1943 file proved for the first time that Kamprad "was an active member of Svensk Socialistisk Samling– successor to the Swedish Nationalist Socialist Workers Party –citing his membership number: 4013. It quotes letters intercepted from Mr Kamprad, then 17, in which he enthuses about recruiting new members and says that he "misses no opportunity to work for the movement." Orange added, "The secret service concluded that, as Mr Kamprad