The late IKEA founder had a secret vault to ensure his furniture chain would ‘live forever’

Ingvar KampradDenis Balibouse/Reuters

  • Ingvar Kamprad is said to have made plans in 1976 to ensure the future of IKEA in case of his death.
  • The results are a holding structure made so complex that outsiders would not understand it.
  • This structure, Kamprad hoped, would let IKEA live on even in times of war or political turmoil.
  • Parts of it are said to be hidden in a vault.

 

When Ingvar Kamprad died in January this year he had meticulously planned for the continued survival of the furniture company he founded as a 17-year-old in 1943 in Småland, Sweden.

See the rest of the story at Business Insider

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SEE ALSO: How IKEA founder Ingvar Kamprad’s bizarrely frugal habits and ‘disagreeable’ personality trait made him one of the richest self-made billionaires

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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