Ikea founder dies: World's biggest furniture chain founder Ingvar Kamprad dead aged 91

EPAIngvar Kamprad founded Ikea in 1943 at the age of 17

INGVAR Kamprad, the billionaire founder of Swedish furniture chain Ikea, has died at the age of 91.

The company announced his death today, saying the business mogul “peacefully passed away” yesterday.

A spokesman said: “The founder of Ikea and Ikano, and one of the greatest entrepreneurs of the 20th century, Ingvar Kamprad, has peacefully passed away, at his home in Smaland, Sweden, on the 27th of January.

"Ingvar Kamprad was a great entrepreneur of the typical southern Swedish kind - hardworking and stubborn, with a lot of warmth and a playful twinkle in his eye.

"He worked until the very end of his life, staying true to his own motto that most things remain to be done."

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