Pursuits
Kamprad Is Europe’s Richest Man in Global Daily Ranking
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The IKEA retail empire Ingvar Kamprad started almost 70 years ago has amassed a fortune that Bloomberg values at more than $40 billion and makes him the richest man in Europe, and one of the world’s five wealthiest men.
The Bloomberg Billionaires Index, a daily ranking of the world’s richest people, shows that Kamprad maintains control over the business through a network of holding companies and legal entities established more than 30 years ago.