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2004-04-04 -Short Attention Span Theater-
IKEA founder overtakes Gates as world’s richest - TV
Ingvar Kamprad, the Swede who founded furniture retail chain IKEA, has overtaken Microsoft’s Bill Gates as the world’s richest man, Swedish TV news reported on Sunday. Citing next week’s edition of the Swedish business weekly Veckans Affarer, public service SVT2 television said Kamprad, 77, has a personal fortune of 400 billion crowns ($53 billion). Gates’s fortune is put at $47 billion, according to the latest list of the world’s rich in U.S. Forbes magazine, SVT2 said. Kamprad, known for frugal habits such as flying economy class, lives in Switzerland and no longer takes part in the daily running of IKEA, but has kept ownership of the company with more than 180 stores in over 30 countries in the family. SVT2 said the dollar’s slide against other currencies is the main reason why Kamprad has now overtaken Gates.
Posted by tipper 2004-04-04 8:30:55 PM|| || Front Page|| [11139 views since 2007-05-07]  Top

#1 well, no shit! His furniture doesn't require patches 2 months out of the box
Posted by Frank G  2004-04-04 8:34:06 PM||   2004-04-04 8:34:06 PM|| Front Page Top

#2 *grin* There's just a tiny difference in complexity there, Big Frank! *eye roll* Lol!
Posted by .com 2004-04-04 9:02:51 PM||   2004-04-04 9:02:51 PM|| Front Page Top

#3 oh puhleez! Always with the excuses! ;-)~
Posted by Frank G  2004-04-04 9:17:52 PM||   2004-04-04 9:17:52 PM|| Front Page Top

#4 ROFLMAO!!! Okay, I surrender. Gates is the anti-IKEA! Lol!
Posted by .com 2004-04-04 9:20:15 PM||   2004-04-04 9:20:15 PM|| Front Page Top

#5 His furniture doesn't require patches 2 months out of the box

That's right.. it just falls apart.
Posted by Rafael 2004-04-04 9:46:46 PM||   2004-04-04 9:46:46 PM|| Front Page Top

#6 What's more, IKEA issues no stock. Kamprad owns the entire operation, right down to the doormats.

Speaking as a devout capitalist, there's a lot to like about this guy.

Posted by Zenster 2004-04-04 9:52:51 PM||   2004-04-04 9:52:51 PM|| Front Page Top

#7 So if Kampy loses IKEA, he loses everything. Whereas if Gates loses Microsoft, he still kicks Kampy's ass. Go Gates!
Posted by Rafael 2004-04-04 10:17:36 PM||   2004-04-04 10:17:36 PM|| Front Page Top

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