IKEA's founder and former CEO, Ingvar Kamprad, was renowned for his extreme frugality. He bought clothes from flea markets, recycled tea bags, and got cheap haircuts. Like Warren Buffett and other ...

When Kamprad was 17, his dad gave him a cash reward for making good grades in school despite his dyslexia. He used the money to found IKEA in 1943. Kamprad didn't introduce furniture until five ...

The founder, Ingvar Kamprad, was just 17 years old in Småland, Sweden, when he registered IKEA, which today has total sales of over €45 billion internationally (that's over $51 million when ...