Published on : Tuesday, January 30, 2018
Ingvar Kamprad, the founder of IKEA and Ikano, and one of the greatest entrepreneurs of the 20th century, peacefully passed away, at his home in Småland, Sweden, on January 27. Surrounded by his loved ones, he died at the age of 91, following a short illness.
Ingvar Kamprad was born in 1926 in Småland in southern Sweden. At the early age of 17, he founded IKEA – the business that became his lifelong commitment. Ingvar’s driving force was the vision of creating a better everyday life for the many people.
Torbjörn Lööf, CEO and President of Inter IKEA Group, says, “We are deeply saddened by Ingvar’s passing. We will remember his dedication and commitment to always side with the many people. To never give up, always try to become better and lead by example.”
Ingvar Kamprad was a great entrepreneur of the typical southern Swedish kind – hardworking and stubborn, with a lot of warmth and a playful twinkle in his eye. He worked until the very end of his life, staying true to his own motto that most things remain to be done.
Since 1988, Kamprad did not have an operational role within IKEA but he continued to contribute to the business in the role of senior advisor, sharing his knowledge and energy with the IKEA co-workers.
Jesper Brodin, CEO and President of the IKEA Group, comments, “We are mourning the loss of our founder and dear friend Ingvar. His legacy will be admired for many years to come and his vision – to create a better everyday life for the many people – will continue to guide and inspire us.”
Ingvar Kamprad will be missed and fondly remembered by his family and by IKEA and Ikano co-workers all over the world.