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Barometer

Ikea’s founder was a billionaire skinflint – but others were even worse

3 February 2018

9:00 AM

3 February 2018

9:00 AM

Tight money

Ingvar Kamprad, the founder of Ikea, was worth an estimated £40 billion. Yet the eighth richest man in the world drove an old Volvo, flew economy class, bought his clothes in flea markets and had his wife cut his hair to avoid the cost of a barber. Some other wealthy tight-fists:
— The oil entrepreneur J.

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