Kamprad gives millions to house Swiss retirees
Published: 27 Jun 12 12:48 CET | Print version
Online: http://www.thelocal.se/41686/20120627/
Ikea founder Ingvar Kamprad is using some of the fortune he made helping people furnish their homes to help a small town in Switzerland build housing for elderly people.
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The Swede, whose flatpack furniture empire has made him one of richest people in the world, is a well-known figure in the Swiss town where he has been resident for 36 years.
“Mr Kamprad insisted that the ground and walls should belong to the municipality and not to a foundation," the town's mayor, Maurice Mischler, told the newspaper.
The money will be used mainly to build 20 apartments, with a communal space for entertainment. Rents are to be set at an affordable rate for the new prospective tenants.
“The goal is to focus on people in need,” the mayor told online news site 24 Heures.
Some of the money will be used to fund a study examining the possibility of building fifty more such apartments.
Kamprad has requested that the apartments be constructed close to a school to facilitate communication across the generations, 24 Heures reported.
According to the newspaper, Kamprad's apparent dislike for the town's previous government explained why he waited until now to make his donation.
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I'm going to follow his example and divert my own small charitable contributions from orphan children in Niger and Congo, and send it to Switzerland instead. Lead the way Mr Kamprad.
Since there is quite a large number of Swedes living in here Switzerland they will profit from this investment as well (when they are old) :-)
I think those Swedish citizens who have chosen to move themselves and their assets to Switzerland make quite enough profits already thank you very much. Don't you?
Yeah probably right.
...and like most expats - including the one's on this page - they like to complain about their host country and its people.
cc Hauser
Have you forgotten that Kamprad has a NAZI PAST?. His money can not just go anywhere on purely grounds of help.
Is it enough if I assure you I have never given a single Crown in charity to Switzerland, and never will?
Perhaps you might tell us about your charitable contributions to Switzerland. You are going to look an awful hypocrite if you haven't made any.