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Ikea founder Ingvar Kamprad dies in Sweden at 91

Ikea founder Ingvar Kamprad dies in Sweden at 91
From BBC - January 28, 2018

The Swedish founder of the Ikea furniture chain, Ingvar Kamprad, has died at the age of 91, the company has announced.

Mr Kamprad - who pioneered flat-pack furniture - died at his home in Smland, Ikea confirmed in a statement.

The company said that Mr Kamprad was "one of the greatest entrepreneurs of the 20th century".

The billionaire, who was born in 1926 in Smland, founded Ikea at the age of 17.

He used some money his father had given him as a gift for performing well at school despite his dyslexia.

Mr Kamprad "peacefully passed away at his home", Ikea's statement said.

"He worked until the very end of his life, staying true to his own motto that most things remain to be done," it added. Mr Kamprad eventually stepped down from the company's board in 2013, at the age of 87.

"Ingvar Kamprad was a great entrepreneur of the typical southern Swedish kind - hardworking and stubborn, with a lot of warmth and a playful twinkle in his eye," the company said.

His company's designs became popular in part because of their simplicity and value.

Mr Kamprad is reported to have come up with the idea of flat-pack furniture after watching an employee remove the legs from a table in order to fit it into a customer's car.

Furniture designer Jeff Banks said that Mr Kamprad's creations radically changed how people made and designed products for the home.

"People have tried to reproduce and copy that, but unsuccessfully," he said.

Mr Banks added that the designs produced and sold through the retailer made good use of recyclable products, adding that Mr Kamprad was "head and shoulders above the rest".

Mr Kamprad was renowned for his devotion to frugality, reportedly driving an old Volvo and travelling by economy class.

In a 2016 interview with Swedish television channel TV4, Mr Kamprad said that it was "in the nature of Smland to be thrifty".

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