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IKEA's Swedish founder dies aged 91

8:13pm IST - 01:08

Billionaire IKEA founder Ingvar Kamprad has died at the age of 91, the Swedish company said on Sunday (January 28). He founded IKEA in 1943 when he was just 17, but the company didn't hit gold until 1956, when it pioneered flat-pack furniture. It's now heading towards annual revenues of 50 billion euros ($62 billion).

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Billionaire IKEA founder Ingvar Kamprad has died at the age of 91, the Swedish company said on Sunday (January 28). He founded IKEA in 1943 when he was just 17, but the company didn't hit gold until 1956, when it pioneered flat-pack furniture. It's now heading towards annual revenues of 50 billion euros ($62 billion).

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IKEA's Swedish founder dies aged 91

8:13pm IST - 01:08