Posted on 03/09/2016 4:21:19 PM PST by nickcarraway
Ingvar Kamprad, who turns 90 on Mar 30, has a reputation for penny-pinching, which he claims helped Ikea to become one of the world's top brand names.
Frugal billionaire Ingvar Kamprad, founder of the flatpack furniture chain Ikea, buys his clothes at flea markets to save money, he said in a documentary to be broadcast Wednesday (Mar 9) on Swedish television.
Kamprad, who turns 90 on Mar 30, has a reputation for penny-pinching, which he claims helped Ikea to become one of the world's top brand names.
"I don't think I'm wearing anything that wasn't bought at a flea market. It means that I want to set a good example," he told Swedish channel TV4, according to business daily Dagens Industri which viewed the documentary.
(Excerpt) Read more at channelnewsasia.com ...
He reminds me of myself.
Just without the billions.
Is this the same guy who, allegedly, had ties to the Nazi party?
IKEA Sucks
[ Is this the same guy who, allegedly, had ties to the Nazi party? ]
No, you are thinking of George H.W. Bush’s Daddy.
Is this the same guy that got a speeding ticket and the “Fine” was “relative” to his Net Worth?
I’m gonna pop some tags..
Get used to wearing burkhas, swedish boy.
Their sales and his billions would contradict your claim......LOL!
When I was broke I wanted everything but I was smart enough to live within my means. Because I lived within my means I can now afford much of what I thought I wanted but I don’t want it anymore.
As a teenager he was a member of a Swedish National Socialist party. His father's family was German.
I think it was Johnny Cash who said when you’re poor all you worry about is money, and that when you’re rich, you worry about everything but money.
I agree. I really can’t stand the place.
Laminated chip board.
Got rid of most of the stuff when we moved nack from the UK.
Great stuff if you’re a student, I guess. Otherwise, poorly made.
back
He saves money on those meatballs by not putting food in them.
My daughter mentioned a few weeks ago that she gets most of their clothes at Good Will etc. Their annual income is a bit over $100,000.00. That is pretty good for Oklahoma.
I am not sure they are that frugal in all areas it might just be that she thinks clothes are over priced.
“No, you are thinking of George H.W. Bush’s Daddy.”
He was just doing business.
I have clothes where I am third known owner and got them for free. If I am looking for something specific, I always start with the thrift shops. I needed a formal once with specification to color. The dry cleaning bill was twice what I paid for the dress. And then I sold the dress to someone else for $10.
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