Founded the home furnishing retail chain IKEA (the acronym is made up
of his name's initials plus his family's farm Elmtaryd and a nearby
village called Agunnaryd) in 1943.
Although ranking #4 in "Forbes" magazine's 2007 List of Billionaires
with an estimated fortune of US$ 33 billion, he is considered being
stingy, driving a 15 year old Volvo and visiting IKEA for a cheap
meal.
Lived in Epalinges, Switzerland 1976-2014 and moved back to Sweden.
Swedish mother and German father.
Was a member of the Swedish Nazi Party during WWII.