Ikea: Money and titles don’t make us, our abilities do.

Ingvar Kamprad’s is the founder of IKEA. His net worth is $23 billion.

Swede Ingvar Kamprad began with two empty hands to become one of the richest people in the world. Ever since he started his business in 1943 when he was just 17, he has controlled his own and his company’s public image with consummate skill.

The Swedish furniture-maker prefers to live simply.

Kamprad is one of the richest people in Europe, but you wouldn’t know it flying next to him in economy class or eating lunch with him in Ikea’s cafeteria. He calls his employees ‘co-workers’, encourages everyone to dress informally. He stays in cheap hotels.

He drives 15-year-old Volvo. His home in Switzerland, he decorated mostly with inexpensive IKEA furniture.

Ingvar Kamprad, still flies economy and often rides the bus. Arriving at a gala to receive a Businessman Of The Year Award he was at first refused entry because he had come off the bus.

 Kamprad and his wife are often seen eating in cheap restaurants.

He prepfers to do his shopping in the local market (always near closing time when vendors are more likely to drop their prices). Dressed in his scruffy coat, one would assume he was just another elderly man living on a tight budget rather than the fifth wealthiest entrepreneur in the world.

And that is just how Ingvar Kamprad likes it. He regards luxury not merely as an indulgence but almost as a sin. In his memoir he wrote: “We don’t need flashy cars, impressive titles, uniforms or other status symbols. We rely on our strength and our will!”

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23 Comments

  1. Money doesn’t buy you success

  2. Money can’t buy success or happiness!

  3. Money can’t buy u success !

  4. Joyce Selma Harary

    Don’t buy success

  5. Money can’t buy you success

  6. Marcelle zafarani Ababa be ahave

    Look at the inside before u judge on the outside

  7. Stephanie Alfaks

    The inside of yourself is more important

  8. There are more important things in life than money.

  9. Our actions is what counts

  10. Don’t judge a book by its cover

  11. Qualities are you not money

  12. What is on the inside is what matters

  13. Are strengths are what make us strong not the money

  14. Humbleness

  15. Skill is money

  16. Money is worthless when u have something your passionate about

  17. Don’t judge others based on money

  18. Lives like the common man but can afford much more

  19. Joyce Selma Harary

    Work hard play hard

  20. Being humble

  21. Money isn’t power effort is.

  22. Skill is money not the other way around

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