The founder of Ikea, Ingvar Kamprad, died on Saturday aged 91 at his home in Smaland, Sweden, the company has confirmed. The man, who was once listed as the world’s fourth richest man, took easy Jet flights, drove himself around in a 15-year-old Volvo and furnished his modest house almost entirely with Ikea items — which he assembled himself. Kamprad admitted buying all his clothes from flea (second hand) markets in the hope of setting a good example to others. As for haircut, he usually waited till he was in a developed country where he could get it cheaply done. Explaining his frugal nature, he said: ‘I am a bit tight with money, a sort of Swedish Scotsman.

Source: Punch January 28, 2018 15:11 UTC