IKEA billionaire Ingvar Kamprad from Sweden is probably, The best proof of this. Because just looking at his wardrobe, it is immediately apparent that one of Sweden’s richest men is very different from other billionaires. Although he could easily afford the world’s most expensive designers, he prefers to buy second-hand fashion.
Despite his fortune of 3.3 billion euros, Ingvar still prefers to shop at flea markets. The IKEA founder himself states that this behavior dates back to his earliest childhood. At least when it comes to buying clothes, Ingvar has remained just as frugal as he was before he was a billionaire. Anyone who has always wanted to dress like a real billionaire has an easy job thanks to Ingvar Kamprad.
Ingvar Kamprad lives frugally
When it comes to his haircut, the billionaire shows rather unusual behavior. He prefers to have his hair cut when he travels to developing countries, as he can save a lot there. The fact that he doesn’t actually have to save on such small everyday things is irrelevant. The Smaland region is known for the mentality of saving a lot. Kamprad came from there and founded IKEA there in 1943. Saving has become second nature to him. According to his own statements , the last time the billionaire had his hair cut was in Vietnam .
Now you should understand more why IKEA sells cheap and practical products. This corresponds entirely to Ingvar Kamprad’s philosophy of life. He founded the company when he was just 17 years old. IKEA is international and one of the world’s leading furniture stores. It speaks for itself that the company’s catalog is the print product with the highest circulation today. With a circulation of 220 million, it is printed even more often than the Bible. IKEA had a turnover of 31.9 billion euros in 2015 . But good and cheap does not always bring benefits. There are allegations against IKEA in relation to environmental protection. Also further in terms of child labor, monitoring and discrimination of employees.