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 runestones castle and could be read in its entirety. The inscription says that it is raised in memory of Haraldr, the brother of Ingvar, and he is believed to have died in the region of the Caspian Sea. A subject that has been vividly discussed is why the runestone is raised only after Haraldr and not after Ingvar, and the most widely accepted explanation is that Tóla was only Harald's mother and that the two men were only half-brothers. It is also possible that there were originally two stones of which one was in memory of Ingvar, but that Ingvar's stone