The Swedish founder of the Ikea furniture chain, Ingvar Kamprad, has died at the age of 91.Kamprad – who pioneered flat-pack furniture – died at his home in Småland, Ikea confirmed the statement released by the company.
The company said that Kamprad was “one of the greatest entrepreneurs of the 20th century”.The billionaire, who was born in 1926 in Småland, founded Ikea at just the age of 17.
He used some money his father had given him as a gift for performing well at school despite his dyslexia.
In the later years of his life,Kamprad faced questions over his past links to fascist groups – something he admitted, but said was a “mistake”.
In a statement on Sunday, Ikea said that Kamprad had “peacefully passed away at his home”.
“He worked until the very end of his life, staying true to his own motto that most things remain to be done,” it added. Kamprad eventually stepped down from the company’s board in 2013, at the age of 87.
“Ingvar Kamprad was a great entrepreneur of the typical southern Swedish kind – hardworking and stubborn, with a lot of warmth and a playful twinkle in his eye,” the company said.
His company’s designs became popular in part because of their simplicity and value.
Furniture designer Jeff Banks said that Kamprad’s creations radically changed how people made and designed products for the home.
Ikea started in 1943 and now has 389 stores worldwide