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Half of Ikea founder Ingvar Kamprad's fortune to be given away

A Stockholm Ikea store flies the Swedish flag at half mast following the death of company founder Ingvar Kamprad. Photo: Anders Wiklund/TT

Published: 13.Mar.2018 15:07 hrs

Half of Ikea founder Ingvar Kamprad's fortune is to be given away, according to the newly revealed details from his last will and testament.

Kamprad, who died at the age of 91 in January, was worth an estimated 362 billion kronor ($46 billion) in 2017 according to Swiss economic magazine Bilan.

Half of his wealth will go to his four children, Peter, Jonas, Mathias and Annika. The rest however will be directed towards stimulating business in northern Sweden.

Read full article on The Local

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