Ingvar Kamprad Quotes

A collection of quotes by Ingvar Kamprad.

Ingvar Kamprad (1926-2018) was a Swedish entrepreneur and the founder of IKEA, the renowned global furniture retail company. He was born on March 30, 1926, in Pjätteryd, Sweden.

Kamprad showed early signs of entrepreneurial spirit, starting his own business at the age of just five by selling matches to neighbors. In 1943, at the age of 17, he founded IKEA (initially as a mail-order business) with a focus on affordable and functional furniture. The name IKEA was formed from his initials, along with the initials of his family's farm and a nearby village.

Kamprad applied innovative strategies to make IKEA a success. He introduced the concept of flat-pack furniture, allowing customers to easily transport and assemble items themselves. He also implemented self-service shopping, cutting down on overhead costs. These innovative approaches and his commitment to providing affordable furniture made IKEA popular globally.

Despite building a global empire, Kamprad maintained a frugal and simple lifestyle. Known for his modesty and down-to-earth nature, he drove an old Volvo and often used public transportation.

Ingvar Kamprad passed away on January 27, 2018, leaving behind a business legacy and an impact on the retail industry that continues to thrive today. His vision and business approach revolutionized furniture retailing, making quality design accessible to people across the world at affordable prices.