The Newest on the dying of IKEA founder Ingvar Kamprad (all occasions native):
three:fifty five p.m.
Sweden’s royal home, politicians and enterprise leaders are praising the work and entrepreneurial spirit of IKEA founder Ingvar Kamprad, who died at age ninety one.
Sweden’s King Carl XVI Gustaf stated Sunday in an emailed assertion to information company TT that Kamprad was “a real entrepreneur” who introduced the Scandinavian nation “out to the world” whereas remaining “a down-to-earth individual with an amazing dedication.”
Prime Minister Stefan Lofven referred to as Kamprad “a singular entrepreneur” who made residence furnishing out there to hundreds of thousands of individuals. Swedish industrialist and investor Jacob Wallenberg praised him as “a incredible instance for us all” and an inspiration.
The president and chief government of Swedish homewares retailer IKEA says the corporate’s founder will probably be remembered and admired for working “to create a greater on a regular basis life for many individuals.”
IKEA Group CEO Jesper Brodin stated founder Ingvar Kamprad’s imaginative and prescient will proceed to information and encourage” the corporate.
Kamprad died Saturday at age ninety one. His life story is intimately linked to the corporate he based on the household farm when he was 17 years previous.
His work ethic, frugality and down-to-earth fashion stay on the core of IKEA’s company id. His missteps, together with early flirtations with Nazism, by no means rubbed off on I one of many world’s most recognizable manufacturers.
Kamprad shaped the corporate’s identify from his personal initials and the primary letters of the household farm, Elmtaryd, and the parish of Agunnaryd the place it’s situated.
IKEA says Ingvar Kamprad, the IKEA founder who turned a small-scale mail order enterprise into a worldwide furnishings empire, has died at ninety one.
IKEA Sverige, the chain’s Swedish unit, stated on Twitter that Kamprad died Saturday at his residence in Smaland, Sweden.
IKEA says “he shall be a lot missed and warmly remembered by his household and IKEA employees all all over the world.”
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