Editing Ingvar Kamprad (section)

==Career==
Kamprad began to develop a business as a young boy.  He started selling matches at the age of five.<ref name=":0">{{Cite news |url=https://slate.com/news-and-politics/2018/01/the-swedish-entrepreneur-who-founded-ikea-ingvar-kamprad-dies-at-91.html |title=The Swedish Entrepreneur Who Founded Ikea, Ingvar Kamprad, Dies at 91 |last=Politi |first=Daniel |work=Slate|access-date=28 January 2018 |language=en}}</ref> When he was seven he began travelling further afield on his bicycle to [[peddle]] to neighbours. He found he could buy matches in bulk very cheaply in [[Stockholm]], sell them individually at a low price, and still make a good profit. From matches he expanded to selling fish, [[Christmas tree#Decoration and ornaments|Christmas tree decorations]], seeds, and later ballpoint pens and pencils.<ref name=":0" /> When Kamprad was 17, his father gave him a cash reward for succeeding in his studies.<ref name="about.com">[http://entrepreneurs.about.com/cs/famousentrepreneur/p/ingvarkamprad.htm Ingvar Kamprad: IKEA Founder and One of the World's Richest People] {{Webarchive|url=https://web.archive.org/web/20120303014700/http://entrepreneurs.about.com/cs/famousentrepreneur/p/ingvarkamprad.htm |date=3 March 2012 }} [[About.com]] Entrepreneurs</ref>

Ingvar attended Gothenburg's Handelsinstitut, now part of [[Hvitfeldtska Gymnasiet]], from 1943 to 1945. In 1943, when he was 17 Kamprad founded IKEA at his uncle Ernst's kitchen table.<ref name="Collins">{{cite news |last=Collins |first=Lauren |title=House Perfect |url=http://www.newyorker.com/reporting/2011/10/03/111003fa_fact_collins |access-date=10 October 2011 |newspaper=The New Yorker |date=3 October 2011}}</ref> In 1948, Kamprad diversified his portfolio, adding furniture. His business was mostly [[mail order]].<ref name="Collins"/> The acronym IKEA is made up of the initials of his name ('''I'''ngvar '''K'''amprad) plus those of '''E'''lmtaryd, the family farm where he was born, and the nearby village '''A'''gunnaryd where he was raised.<ref name=":0" /><ref>Jonas Fredén (24 September 2015)[https://sweden.se/business/ingvar-kamprad-founder-of-ikea/ Ingvar Kamprad, founder of IKEA] Sweden.se</ref>

In June 2013, Kamprad resigned from the board of Inter IKEA Holding SA and his youngest son Mathias Kamprad replaced Per Ludvigsson as the chairman of the holding company. Following his decision to step down the then-87-year-old founder explained, "I see this as a good time for me to leave the board of Inter IKEA Group. By that we are also taking another step in the generation shift that has been ongoing for some years." Mathias and his two older brothers, who also have leadership roles at IKEA, work on the corporation's overall vision and long-term strategy.<ref>{{cite news |title=IKEA's new chairman likes PAX wardrobes, and that's about all we know |url=http://qz.com/91159/ikeas-new-chairman-likes-pax-wardrobes-and-thats-about-all-we-know/ |access-date=6 June 2015
|newspaper=Quartz |date=5 June 2013 |author=Gina Chon}}</ref>