Ikea’s billionaire founder was so frugal that he bought clothes from… | HappeningNow.news

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

As the saying goes, watch the pennies and the pounds look after themselves.

Source Fortune Story Brief Updated June 25, 2026
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Story Brief

As the saying goes, watch the pennies and the pounds look after themselves. But as it turns out, even some of the wealthiest people on the planet follow the money-saving mantra, well after they’ve made it. IKEA’s billionaire founder, Ingvar Kamprad, took his love for budget furniture home with him—literally. Despite having an estimated $58.7 billion net worth and being one of the richest men alive, the late businessman would buy his clothes at flea markets and drove an old Volvo.

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