On Sun, 17 Apr 2005 10:45:45 +0100, "Mary Fisher"
wrote:


"Andy Hall" wrote in message

Popaclog?



We should send that to Kamprad's wife. Apparently, she comes up with
all the names.


Who's Kamprad?

Mary



Ingvar Kamprad, whose initials form the IK piece of the name, IKEA,
with E and A coming from the initials of Elmtaryd and Agunnaryd, the
names of the farm and village in southern Sweden where he grew up.

He started IKEA's furniture business in 1947 and much of it is still
run from Almhult, in the middle of nowhere in southern Sweden.

Nowadays, IKEA and its various holdings is owned by a Dutch trust
which is controlled by Kamprad and he himself lives in Switzerland.

In terms of net worth, he is the world's 6th richest man among

Bill Gates (Microsoft)
Warren Buffett (Berkshire Hathaway)
Lakshmi Mittal (Mittal Steel)
Carlos Slim Helu (Telecoms sector)
Prince Alwaleed Bin Talal Alsaud (nephew of Saudi king)
Ingvar Kamprad (IKEA)
Paul Allem (Microsoft)
Karl Albrecht (Aldi)
Larry Ellison (Oracle)
S Robson Walton (Walmart)
John Walton (Walmart)
Alice Walton (Walmart)
Helen Walton (Walmart)
Kenneth Thomson (Thomson Corp)
Lilian Bettencourt (L'Oreal)
Bernard Arnault (LVMH)
Michael Dell (Dell Computer)
Sheldon Adelson (casinos)
Theo Albrecht (Aldi)


All of which goes to show that with a few exceptions one can make a
fortune out of selling lots of cheap tat and not giving a sh*t about
your customers.












--

..andy

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