Feeds

Microsoft's Gates dethroned as world's richest person by cheap furniture magnate

IKEA bests the Beast

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

All hail Ingvar Kamprad!

The Swedish founder of the IKEA furniture chain has passed Microsoft Chairman Bill Gates as the world's richest person, according to reports out of Sweden. Business weekly Veckans Affarer is set to report that Kamprad holds a fortune of 400 billion crowns or $53 billion. This would put him $6 billion ahead of Gates.

In its most recent survey, Forbes magazine placed Gates' wealth at $47 billion and had him topping the world's richest list. Kampard, 77, came in at 13 on the list with $18.5 billion.

The Swedes, however, believe that a weak US dollar has thrust Kampard to the top of the list since Forbes did its calculations.

Kamprad is said to be on the frugal side, flying economy and driving an old Volvo. He keeps his wealth secure in tax-haven Switzerland.

If you think about it, Microsoft and IKEA are not terribly dissimilar. Both companies sell mass-produced gear that requires a lot of assembly and attention. But apparently this model pays quite well. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Cops apologise for leaving EXPLOSIVES in suitcase at airport
'Canine training exercise' SNAFU sees woman take home booming baggage
Apple's Mr Havisham: Tim Cook says dead Steve Jobs' office has remained untouched
'I literally think about him every day' says biz baron's old friend
Flaming drone batteries ground commercial flight before takeoff
Passenger had Something To Declare, instead fiddled while plane burned
Every billionaire needs a PANZER TANK, right? STOP THERE, Paul Allen
Angry Microsoftie hauls auctioneers to court over stalled Pzkw. IV 'deal'
Jony Ive: Apple iWatch will SCREW UP Switzerland's economy
Apple's chief designer forgot one crucial point about overpriced bling
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.