Family intervenes next to billions of Ikea founder

amsterdam - The billions of the recently deceased Ikea founder Ingvar Kamprad remain out of reach of his family. Kamprad, who would have access to an estimated $ 60 billion, had his capital split up over a web of companies.

Ikea was founded by Kamprad 75 years ago. It has been the largest furniture store in the world for almost ten years. The head office of the Swedish company is located in the Netherlands.

Kamprad has earned its assets with Ikea in a network of foundations and holding companies through the ingenious construction that has been set up since 1980.

With this construction of holdings, Kamprad wanted to guarantee the survival of the world's largest furniture supplier and prevent the group's continued existence due to an argument about the inheritance.

His heirs, despite the descendant, have no direct influence on Ikea, concludes news agency Bloomberg after research into the belongings of the deceased Swede who always misted about his assets.

The 91-year-old Kamprad started early with trades in matches, fish and seeds and founded Ikea in 1943. Until his death, he was put in the eighth place between the world's richest people last Saturday by data processor Bloomberg. Kamprad would have control over a total of $ 58.7 billion. However, the Swede denied that amount in interviews.

Although the family does not have any influence on the organization, the descendants still own a small fortune from the family business Ikano Group. That is a tangle with companies in real estate, production and retail affairs and financial service providers.

Most Ikea cases are owned by the Ingka Foundation, the foundation established in the Netherlands. According to its statutes, it has the goal to support innovation in design.

The trademark of Ikea, all logos and concepts are under the control of the Interogo Foundation, based in Liechtenstein. Subsidiary Inter Ikea is the global franchise company. According to the statutes, it is stipulated that all family members of Kamprad will always hold a minority within the group.

According to trust experts approached by Bloomberg, this also applies to non-family members.