IKEA FOUNDER PASSES AWAY

Ingvar Kamprad, the Swedish entrepreneur who founded Ikea at the age of 17, died recently. He was 91. Kamprad was the world’s eighth- richest person with an estimated net worth of $ 58.7 billion, according to the Bloomberg Billionaires Index. Ikea, an iconic furniture brand and famous for its DIY ranges, currently has around 400 outlets all over the world.