Meet The World's Billionaires
5. Ingvar Kamprad
Taking the fifth place with 52.8 billion dollars, is the Sweden born,Ingvar Kamprad Hailing from a humble background, he started his career by selling matchsticks in the neighborhood. sold Christmas tree decorations, fish , pens pencils. Ingvar founded IKEA in 1943 at his Uncle Ernst’s kitchen table. IKEA was an acronym of his name Ingvar Kamprad (IK) Elmtaryd, his family farm and his village, Agunnaryd (EA); thus making it, IKEA. Firstly the business was of typical mail-order and dealt with only small household goods such as picture frames, wallets, nylon stockings, pens and wallets. Five years later he expanded and included furnitures, delivering in big orders. He is known for his low-key profile in spite of Company generating more than 33 billion dollars in revenue.
6. Charles Koch
The world’s one of the richest brothers; Co- owner with 42 percent, chairman, and CEO of Koch Industries, was born in Wichita, Kansas, U.S.A. His family was basically a Dutch immigrant. Koch Industries is the owner of firms involved in oil refinery, pipelines, chemicals, paper pulp and financial trading. personal . The Koch brothers takes up the sixth and seventh position on the list consecutively.
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