Rank #3039
Peter Kamprad
Net worth $1.2B
IKEA · Sweden
- Born
- Mar 29, 1964
- Age
- 62
- Source
- IKEA
- Residence
- Tervuren
- Citizenship
- Sweden
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Ingvar Kamprad, who died in 2018, transferred the bulk of his Ikea empire to foundations in the 80's, but kept enough to make his sons billionaires.
- Peter and his brothers own Ikano Group, which was created to manage Ikea's real estate and financial service businesses, but was spun out in 1988.
- Today Ikano Group is a $2.1 billion (sales) company with interests in banking, real estate and Asian shopping centers.
- Peter, the eldest brother, ran Ikea's Belgian operations for 12 years; he now chairs the Ikano Group.
- Early in his career, Peter worked three years at a different Swedish retail giant, fast-fashion company H&M.
- Ingvar Kamprad ranked among the top 10 richest people for years before lawyers produced documents proving that he had irrevocably transferred economic control.