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Peter Kamprad

Peter Kamprad

P. Kamprad
0.22% | + $2.70M
$1.22 B ₹ 11,135 Cr
Real Time Net Worth #2864 Ranking as of 21 Feb 2026 By Forbes

More on Peter Kamprad

Gender

Male

Age

62Y

Country

Sweden

Born On

January, 1964

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Ikano Group

Titles

Former Chairman

Sources of Wealth

IKEA, Ikano Group

Industry

Retail, Furniture, Real Estate, Finance

About Peter Kamprad


P eter Kamprad is a Swedish billionaire and one of the three sons of the late Ingvar Kamprad, the legendary and famously frugal founder of the global flat-pack furniture giant, IKEA. Upon his father's death in 2018, Peter, along with his younger brothers Jonas and Mathias, inherited control over the complex and sprawling IKEA empire. The business is structured through a web of foundations and holding companies designed to ensure the company's long-term independence and preserve the family's control.

While the IKEA retail business is the most visible part of the family's wealth, the brothers also inherited the Ikano Group, a separate, diversified company that was originally part of IKEA but was spun off in 1988. Ikano has operations in banking, real estate, insurance, and manufacturing. Peter has been deeply involved in the family's business affairs for many years, serving in various leadership roles within the Ikano Group, helping to steward the massive retail and financial empire his father created.

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Quick Reads


  • One of three sons of the late Ingvar Kamprad, founder of IKEA.
  • He and his brothers inherited control of the IKEA empire and the Ikano Group.
  • IKEA is the world's largest furniture retailer.
  • The Ikano Group has interests in banking, real estate, and manufacturing.
  • He has served as the chairman of the Ikano Group.

Early Life and Background


Peter Kamprad is a Swedish businessman, the billionaire heir to the IKEA fortune, the global leader in furniture retail. His wealth is generational, tied to the massive industrial and retail empire founded by his late father, Ingvar Kamprad (d. 2018), in 1943. Peter is one of three brothers who inherited the business.

Kamprad's career is defined by generational stewardship and fiduciary oversight of the complex family assets. He served on the board of Inter IKEA Holding (the company that owns the IKEA concept and trademark). His philosophical commitment centers on frugality, simplicity, and low prices—the core tenets of the IKEA brand.

  • IKEA Group (Heir & Shareholder): The foundational source of his wealth, tied to the global leader in furniture retail (one of the world's largest private companies).
  • Interogo Foundation: The family's principal private holding company in Liechtenstein that controls the majority of the IKEA Group.
  • Family Governance: He and his brothers (Jonas and Mathias) control the empire through the complex Stichting Ingka Foundation and the Interogo Foundation.
  • Frugality: His wealth is tied to a company famous for its founder's extreme frugality (which he also maintains).

Career Journey of Peter Kamprad


Peter Kamprad's structural role is tied to the governance and financial oversight of the IKEA brand and its complex ownership structure. He was involved in the Supervisory Board of Inter IKEA Holding (the group that manages the trademark and franchising). His structural contribution is ensuring the company adheres to its core principles of functional, high-quality, low-cost design and long-term private ownership.

His wealth is secured by the colossal, long-term, stable profitability of the global furniture and retail supply chain.

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Peter Kamprad's Timeline


1980s (approx.):

Peter Kamprad assumes a fiduciary oversight role in the family assets (Executive Ascent).

2018 (January):

His father, Ingvar Kamprad, passes away; Peter inherits his stake (Inheritance/Succession).

Ongoing:

Continues as a major family shareholder in the Interogo Foundation (Executive Oversight).

Major Business Ventures and Investments


Peter Kamprad's wealth is concentrated in his inherited stake in the private global retail giant, IKEA Group, and the family's complex holding companies.

  • IKEA Group (Heir & Shareholder): The foundational source of his wealth, tied to the global leader in furniture retail (one of the world's largest private companies).
  • Interogo Foundation: The family's principal private holding company in Liechtenstein that controls the majority of the IKEA Group.
  • Family Governance: He and his brothers (Jonas and Mathias) control the empire through the complex Stichting Ingka Foundation and the Interogo Foundation.
  • Frugality: His wealth is tied to a company famous for its founder's extreme frugality (which he also maintains).

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Philanthropy and Social Impact


Peter Kamprad's social impact is structural, stemming from IKEA's role in providing affordable, functional home furnishings to millions globally. The Stichting Ingka Foundation (which controls a major part of the IKEA empire) is one of the world's largest charitable foundations, dedicated to advancing social and environmental causes.

His structural contribution is tied to the family's commitment to long-term, purpose-driven private ownership of the retail giant.

Fashion, Style, and Lifestyle


Peter Kamprad maintains the simple, frugal style characteristic of the Kamprad family, avoiding outward signs of extreme wealth. His attire is functional and unostentatious, reflecting his commitment to the IKEA philosophy of simplicity.

Residing in Switzerland, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to financial stewardship, corporate governance, and the long-term legacy of the IKEA empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is an heir to the IKEA fortune and a major shareholder.
  • His family controls IKEA through the complex Interogo Foundation (Liechtenstein).
  • His father, Ingvar Kamprad, was famous for his extreme frugality (e.g., flying economy class).
  • He and his two brothers Jonas and Mathias control the empire.
  • The Stichting Ingka Foundation is one of the world's largest charitable foundations.
  • His structural wealth is tied to the successful franchising and scaling of affordable furniture retail.
  • His wealth is estimated at $10 billion (2025 estimate).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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