Founder Ingvar facts

While investigating facts about Founder Ingvar, I found out little known, but curios details like:

Ikea's founder, the late billionare Ingvar Kamprad, was incredibly frugal: He disciplines his employees for not using both sides of the paper. He was once turned away from Businessman Of The Year Award for arriving by bus, and assembled all his furniture himself.

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IKEA founder Ingvar Kamprad started his journey to becoming the 8th richest man in the world at age 5, by selling matches to his neighbors. He bought matches in bulk, cheaply & re-sold them at a very low price while still making a good profit, the same basic model used later at IKEA.

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 14 of the best facts about Founder Ingvar I managed to collect.

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1. IKEA is an acronym which stands for Ingvar Kamprad Elmtaryd Agunnaryd, which is the founder's name, farm where he grew up, and hometown.

2. The name IKEA is an acronym composed of Ingvar Kamprad (the name of the founder), Elmtaryd (the farm where he grew up), and Agunnaryd (his hometown in southern Sweden)

3. The founder of IKEA, Ingvar Kamprad, was dyslexic. Most of his products were identifiable by a set of numbers, but Kamprad had trouble remembering the codes for each product due to his disease. The unique Swedish names of IKEA’s furnitures were his way of identifying his products.

4. IKEA is an acronym that stands for Ingvar Kamprad Elmtaryd Agunnaryd (Ingvar Kamprad: The founder. Elmtaryd: The farm where he grew up. Agunnaryd: The village where he grew up.)

5. IKEA is an acronym that consists of the initials of the company's founder Ingvar Kamprad, Elmtaryd (the farm where he grew up), and Agunnaryd (his hometown in Småland, south Sweden)

6. "IKEA" is an acronym that consists of the initials of Ingvar Kamprad (name of founder), Elmtaryd (the farm where he grew up), and Agunnaryd (his hometown in Småland, southern Sweden)

7. IKEA product names come from the fact that the founder Ingvar Kamprad is dyslexic and needed a code to classify the products (Bookcases are occupations in Swedish, Bathroom storage and accessories are named after Scandinavian rivers, lakes, and bays etc.)

8. Ikea founder, Ingvar Kamprad has ties to Nazi’s in which he recalled as “the greatest mistake of his life”

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