IKEA was founded by Ingvar Kamprad, a farm boy born in 1926 who started a mail-order company at age 17. From humble beginnings selling pens, Christmas cards, and small items, Ingvar gradually moved into furniture, developing a unique business model focused on low prices, quality design, and self-assembly. Through innovative distribution strategies, clear pricing, and a commitment to making quality furniture accessible to everyone, IKEA grew into a global powerhouse with annual revenue of $50B and a reach of over a billion customers.
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