What company was founded by Ingvar Kamprad (who grew up on Elmtaryd farm in Agunnaryd)
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In 1948, Kamprad diversified his portfolio, adding furniture. His business was mostly mail order. The acronym IKEA is made up of the initials of his name (Ingvar Kamprad) plus those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd where he was raised.
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➡Ingvar Kamprad, founder of IKEA Billy bookshelf index was introduced by financial company Bloomberg.
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