Billionaire Profile
Mathias Kamprad
Global Rank
#2875

Image: Unsplash Contributor | Unsplash License | via Unsplash

Mathias Kamprad

CEO, IKEA
SWEDEN
Real-Time Net Worth
$1.209B
Estimated based on IKEA stock value as of March 6, 2026
0% (24h)
Age
56
Source
IKEA
Industry
finance-investments
Citizenship
SWEDEN

Biography

Mathias Kamprad, born in 1969, is a Swedish billionaire and the youngest son of IKEA founder Ingvar Kamprad. He is a key figure in managing the family's wealth, carrying on the IKEA legacy of innovation, sustainability, and social responsibility. His source of wealth is primarily derived from IKEA. Mathias is known for his commitment to philanthropy through the Kamprad Family Foundation and is actively involved in initiatives promoting entrepreneurship and environmental conservation. He is a board member of Inter IKEA Holding, which owns the intellectual property rights for IKEA and also sits on the supervisory board of Interogo, the ultimate owner of IKEA, ensuring the company's core values endure.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Mathias Kamprad was born in Sweden in 1969. He is the youngest of Ingvar Kamprad's three sons. He grew up under the influence of his father's entrepreneurial spirit and the ethos of hard work and simplicity that defined IKEA. The family instilled a strong sense of responsibility and a commitment to IKEA's core values. Mathias pursued higher education in Sweden, studying economics and business administration. His academic background provided him with a solid foundation in business principles, preparing him for future roles within IKEA.

Rise to Success

Mathias's involvement with IKEA began at a young age, gradually taking on more responsibilities. He worked alongside his brothers, Peter and Jonas, to uphold the values and vision established by their father. His roles within IKEA have spanned various aspects of the business, including product development, supply chain management, and corporate governance. He is now a board member of Inter IKEA Holding, which owns the intellectual property assets, and on the supervisory board of Interogo, a foundation that is the ultimate owner of IKEA.

Key Business Strategies

One of Mathias Kamprad's key contributions to IKEA has been his emphasis on sustainability and environmental responsibility. He has been a driving force behind the company's sustainability goals, championing initiatives to reduce its carbon footprint, promote sustainable sourcing, and encourage eco-friendly practices among customers. Under his leadership, IKEA has made significant strides towards becoming a more sustainable and environmentally conscious company.

Philanthropy

Beyond his contributions to IKEA, Mathias is known for his commitment to philanthropy and social responsibility. Through the Kamprad Family Foundation, established by his father, Mathias supports various charitable initiatives in areas such as education, healthcare, and rural development. He is involved in initiatives aimed at promoting entrepreneurship and innovation.

Career Milestones

2013

Chairman of Inter IKEA Holding SA

Appointed chairman of the board of Inter IKEA Holding SA, the holding company of Inter IKEA Group, succeeding his father Ingvar Kamprad.

Philanthropy & Social Impact

Philanthropy

Kamprad Family Foundation

$XB

Supports charitable initiatives in education, healthcare, and rural development.