Ikea founder Ingvar Kamprad has died aged 91, the company has confirmed. The notoriously frugal billionaire was described as ‘one of the greatest entrepreneurs of
the 20th century’. Kamprad – who was once listed as the world’s fourth richest man – is renowned for his frugality and admitted buying all his clothes from flea markets.
He passed away on Saturday at his mansion in Smaland, Sweden .