IKEA founder overtakes Gates as world's richest
April 5, 2004 at 10:44 AM
Ingvar Kamprad: $53 billion
Bill Gates: $47 billion
Reuters.com
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April 5, 2004 at 10:44 AM
Ingvar Kamprad: $53 billion
Bill Gates: $47 billion
Reuters.com
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Aparently, there is some issue about whether Ingvar Kamprad actually 'owns' IKEA and if the business setup is such, that IKEA's assets can be attributed to one person.
The BBC has more info at http://news.bbc.co.uk/1/hi/business/3600229.stm
Posted by: Karanbir Singh | April 05, 2004 at 05:34 PM
Interesting... so perhaps Gate's crown isn't in peril quite yet?
Posted by: Carson McComas | April 05, 2004 at 05:44 PM