Ingvar Kamprad ongoing for some years." Mathias and his two older brothers, who also have leadership roles at IKEA, work on the corporation's overall vision and long-term strategy. The Dutch-registered Stichting INGKA Foundation is named after Ingvar Kamprad (i.e., ING + KA) which owns INGKA Holding, the parent company for all IKEA stores. In May 2006 the charitable foundation was reported by "The Economist" to be the world's wealthiest charity, however the Bill & Melinda Gates Foundation has since become larger. Despite its large endowment its primary purpose is corporate tax-minimisation and anti-takeover protection for IKEA. Kamprad was chairman of the foundation.
Multibrands International Multibrands International Multibrands International is a multinational Fast-Moving Consumer Goods company with headquarters in Bradford (United Kingdom), Pune (India) and Suzhou (China). It was founded in 1998 by Imran and Rizwana Hussain in Bradford and it is known for manufacturing Home Care products, Personal Care products and Beverages and high performance LED bulbs. The company currently exports its products in more than 100 countries, thus covering extended areas of EU, the Middle East, Asia, USA, and the Southern Hemisphere. 1990–2001 In 1998, Multibrands is incorporated as a wholesale supply business trading in locally sourced global brands. In 1999, Multibrands sources