| IKEA International Group | |
|---|---|
 The IKEA logo | |
|
Type |
Private company |
|
Industry |
Retail |
|
Founded |
1943 |
|
Founder |
Ingvar Kamprand |
|
Headquarters |
Leiden, Netherlands |
|
Area served |
Worldwide |
|
Products |
Self-assembly furniture |
|
Employees |
127,000 |
|
Revenue |
$23.5 billion |
|
Subsidiaries |
None |
IKEA (short for Ingvar Kamprand Elmtaryd Agunnaryd - the name of the founder plus the town he was born in and the town where he founded the company), is a Swedish private-owned company that designs and sells ready-to-assemble furniture such as beds, chairs, desks, appliances and home accessories. It is the world's largest furniture retailer and its founder, Ingvar Kamprand, was the fourth wealthiest person in the world in 2007.