Tuesday, October 21, 2008

Net worth

According to Swedish business weekly Veckans Affärer[8], he is the wealthiest person in the world. This report is based on the assumption that Kamprad owns the entire company, an approach that both IKEA and the Kamprad family reject. Kamprad personally retains little ownership in the company, having transferred his interest to Stichting INGKA Foundation and INGKA Holding as part of a complex tax sheltering scheme that leaves his actual degree of control vague.[9]

As at March 2005, the sliding value of the U.S. dollar put Kamprad ahead as the richest person in the world in another report. In March 2008, Forbes magazine estimated his fortune at US$31 billion, making him the 7th richest person in the world.[1]

FORBES TOP 10 (in $bn)[10]:

  1. Warren Buffett (US): 62
  2. Carlos Slim (Mexico): 60
  3. Bill Gates (US): 58
  4. Lakshmi Mittal (India): 45
  5. Mukesh Ambani (India): 43
  6. Anil Ambani (India): 42
  7. Ingvar Kamprad (Sweden): 31
  8. KP Singh (India): 30
  9. Oleg Deripaska (Russia): 28
  10. Karl Albrecht (Germany): 27

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