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Billionaire Profile
Mathias Kamprad
Global Rank
#3043

Image: Unsplash Contributor | Unsplash License | via Unsplash

Mathias Kamprad

CEO, IKEA
SWEDEN
Real-Time Net Worth
$1.225B
Estimated based on IKEA stock value as of April 20, 2026
0% (24h)
Age
56
Source
IKEA
Industry
finance-investments
Citizenship
SWEDEN

Biography

Mathias Kamprad is a Swedish billionaire, the youngest son of IKEA founder Ingvar Kamprad. He is a board member of Inter IKEA Holding and the Ikano Group, which manages IKEA's real estate and financial service businesses. His net worth is estimated at $1.2 billion, stemming from his involvement with IKEA, the world's largest furniture retailer. Kamprad's career has seen him in leadership positions within the IKEA empire, carrying forward his father's vision. He is known for his role in the ongoing generational shift within the company.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Mathias Kamprad was born in Sweden to Ingvar Kamprad, the founder of IKEA, and his second wife, Margaretha Kamprad-Stennert. Growing up in a family deeply involved in business, he was educated in the IKEA philosophy from a young age. He is one of three sons.

Rise to Success

Mathias Kamprad, along with his brothers, inherited the legacy of IKEA. He played a key role in the generational transition within the company, taking on leadership roles. He put in two years as assistant to Ingvar Kamprad.

Key Business Strategies

Mathias, along with his brothers, is focused on maintaining the core values and vision of his father. They are involved in the long-term strategy of the company, ensuring IKEA's commitment to affordability, accessibility, and sustainability.

Philanthropy

While specific amounts are not readily available, it is known that the Kamprad family is involved in philanthropy through the foundations that control IKEA. This includes the Stichting INGKA Foundation, which supports charitable activities.

Career Milestones

2013

Chairman of Inter IKEA Holding

Replaced Per Ludvigsson as the chairman of the holding company.

1988

Ikano Group Ownership

Became an owner of Ikano Group, managing IKEA's real estate and financial service businesses.

Philanthropy & Social Impact

Environmental and Social Causes

IKEA Foundation

$XB

Supports charitable activities focused on climate action and reducing inequalities. The foundation is funded by the Stichting INGKA Foundation, which holds a controlling interest in Ingka Holding.

Business Philosophy & Leadership

Notable Quotes

" "We, the sons, have promised him to sustain his legacy and do what we can to ensure the core values and the unique IKEA concept are carried on into the future,""

""I see this as a good time for me to leave the board of Inter IKEA Group.""

Leadership Principles

Sustaining Legacy

Committed to upholding the values and unique concept established by his father, Ingvar Kamprad.

Long-Term Vision

Focuses on the long-term strategy and vision for the IKEA Group.

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