When he was very young, he sold matches to his neighbors by bike. 1943, when Ingvar 17 years old, his father gave him a graduation gift to help him start his own company. The name IKEA is a combination of the initials (IK) of the founder's name and the initials of his farm (Elmtaryd) and village (Agunnaryd). At first, IKEA sold pens, wallets, photo frames, decorative tablecloths, watches, jewelry and any low-priced products that nylon stockings could think of. Later, it mainly sold cheap complete sets of furniture. 1950, he developed the concept of foldable furniture, which became the biggest secret of IKEA's success. In this way, ingvar kamprad established the IKEA business empire step by step and has reached every corner of the world.

1999, Eprade launched the "Thank you very much" activity. On that day, IKEA distributed one day's global sales to its employees. From the restaurant staff to the group president, all employees received the same bonus.

Kamprad's favorite sentence is: "As long as we do it, things will get better. Our life is work, endless work. " He said: "hard work has decorated the life of IKEA." IKEA is a typical family business. Kamprad never wanted his company to enter the stock market, nor did he want to be controlled by shareholders. Kamprad felt that the company was not short of money, so there was no need to go public and ask for trouble.

The Swedish headquarters of IKEA revealed to the public that since 1982, ingvar kamprad, the founder of IKEA, is no longer the owner of IKEA, so there is no basis for calculating his personal wealth with the total assets of IKEA Group.