Gates Not The Richest Person Anymore

Ingvar Kamprad, the Swede who founded furniture retail chain IKEA, has overtaken Microsoft's Bill Gates as the world's richest man, Swedish TV news reported on Sunday.

Citing next week's edition of the Swedish business weekly Veckans Affarer, public service SVT2 television said Kamprad, 77, has a personal fortune of 400 billion crowns ($53 billion).

Gates's fortune is put at $47 billion, according to the latest list of the world's rich in U.S. Forbes magazine, SVT2 said.

Kamprad, known for frugal habits such as flying economy class, lives in Switzerland and no longer takes part in the daily running of IKEA, but has kept ownership of the company with more than 180 stores in over 30 countries in the family.

SVT2 said the dollar's slide against other currencies is the main reason why Kamprad has now overtaken Gates.

[Nelson from "The Simpsons" laugh] HAHA [/Nelson from "The Simpsons" laugh]

#139552

boo freaking hoo.

Why don't they give some of that money to the billions of starving people out there? At this point, they don't have a single excuse.

#139555

i'm partially to blame... i bought the krömp coffee table

#139564

I currently have $25 USA Dollars. I'm the richest person in my house. YAY!!!!!

#139566

Perhaps Kamprad can buy out Billy for his company. I'd like to see Ikea sell some Mikrosauft products. Would go well with your krömp table

#139571

Big deal.....so one of em has 6 billion more than the other.....does it honestly make a difference?

#139572

wow, can i get a link to that story?

and as per being rich, i currently possess $2 and am the richest man in my dorm room.

[edit:] i found the link(s). check it out: Google News Search [/edit]

#139584

Maybe kramprad can donate some of that fortune so that ikea can start making good furniture.

If he buys up ms, longhorn will be twice as easy to setup, but be missing the second cd, and the first cd will delaminate within a year.

#139626

Why doesn't he give his money to us? Not only Seph deserves for G5 :cry:

#139629

!!!!!!!

Yeah, if he does, i will be able to pay for it too! <_<

BTW, so that we dont have to start another thread... Seph is not the richest person in the world anymore... (never was.. but anymore too)

#139633

I think I should be given the excess few billion, for putting up with you lot

#139647

Originally posted by Stevie BM@Apr 5 2004, 02:55 AM

I think I should be given the excess few billion, for putting up with you lot 

Hehe....No. :6

#139791

http://www.forbes.com/maserati/billionaire...bill04land.html

why is bill still on top then?

Ingvar Kamprad

Net Worth: $18.5 billion

Country: Sweden

Rank: 13

Bill Gates

Net Worth: $46.6 billion

Country: United States

Rank: 1

-Lou

#139799

Ikea said that Kamprad gave Ikea to a foundation in 1982 so he isn't the owner anymore.

But who needs that much money? No one, but there a a lot of people around the world that could need some help, food and stuff like that not material things like a computer or car or anything like that.

#139801

Originally posted by Lou@Apr 5 2004, 11:36 AM

http://www.forbes.com/maserati/billionaire...bill04land.html

why is bill still on top then?

-Lou

lazy webmasters.

EDIT: i replied before he edit'd!

#139804

Originally posted by SicZero@Apr 5 2004, 11:39 AM

Ikea said that Kamprad gave Ikea to a foundation in 1982 so he isn't the owner anymore.

But who needs that much money? No one, but there a a lot of people around the world that could need some help, food and stuff like that not material things like a computer or car or anything like that.

yup, from forbes.com

"Kamprad founded DIY paradise Ikea. But according to the furniture store, the magazine forgot that Kamprad has not owned Ikea since 1982."

http://www.forbes.com/facesinthenews/2004/...facescan03.html

"This is completely wrong. It's a mistake that is made all the time," said Ikea spokeswoman Marianne Barner. "Estimating the value of the company, including all the stores, and saying it's all Ingvar's, that is totally wrong."

-Lou

#139805

.......and........i know if i had all that money i would buy everyone of you guys a powerbook g4 [ or g5 depending on when i get the money ]. but ya come on or a palm pilot... .muahahah well all i am wondering is how ikea boy has all that money....come on seriously i can make better quality furniture for less....their furniture is made out of popsicle sticks. ya know the stuff you played with in pre school & kindergarten. hmmm wallmart sells better quality stuff. hahahah well im just rambling on here and i've never owned nor knew someone who has had ikea furniture. I have one of their lamps for my desks and thats that.

*mutters* who am i fooling my whole house is ikea.......AHHHHHHHHH! j/p that would be sad.

-bunkka :canadian:

#140246

all i've got to say about this is.. look at all the money Bill Gates has given away to chariety, look at how he dropped down in the amount of shares he has in the company to solve some legal trouble and make it look like he wasn't running the company as much. w/ as much as he does to screw up his networth, its amazing he is only 2nd lolol

#141729

ok im a bit confussed...

does he have all the money or not?

or is most of it just the value of all the stores?

#141731

Net means cash, banks, stocks, investments. Everything that is worth money (naval lint), it's counted for.

#141737

Originally posted by contrasutra@Apr 4 2004, 07:03 PM

boo freaking hoo.

Why don't they give some of that money to the billions of starving people out there? At this point, they don't have a single excuse.

I understand your rage, we all want to be rich... end world hunger, and so forth. But i think this is a monumental event here. Everyone made fun of Gate's financial level (even though I'll be laughing all the way to the bank if I were in his shoes :naughty: ). Put it this way, look at this as if instead of financial power, what if Bill had major military power and his regeme fell I'm actually trying to take this in a funny matter.

......hmmmm.....wait...if you think about it. Bill does have the world in his hands. Just look in your daily life and count the many Microsoft products that enslave us, for example: windows (of course), MSN (better than AOL in my opinion ) many servers on the net; XBOX (if you've ever opened one up for modding, notice the "Microsoft" logo branded on as many components inside-its ridiculous...) Pocket Pc, Windows CE (remember SEGA Dreamcast?), and I'm pretty sure many more:lol:

wow, i feel like a anti-microsoft terrorist :rock: oh wait... thats why theres Aqua-soft

#141936

Originally posted by contrasutra@Apr 4 2004, 09:03 PM

boo freaking hoo.

Why don't they give some of that money to the billions of starving people out there? At this point, they don't have a single excuse.

No. Fuc.king. Kidding.

Just imagine what you could do with that much money....I saw what you could do with 1 million dollars on a website once, that was amazing, this is waaay over 1 million.

And to quote aquafied: "...end world hunger and so forth"

man....you really need to think about what you are saying. I would want that money to do much, much MUCH more than that. If I made that much money, I would keep 70,000 a year and give the rest away. I couldnt give less of a sh.t about being rich.

#141939

oh, don't get me wrong. I would actually do the same too honestly. but lemme just wave my magic wand to change all that. Sorry if this is offensive i dont intend to be that way. its just that "when life gives ya lemons, make lemonade"

I know I might be sounding like an a$$hole right now but, c'mon now. you're either part of the problem, or part of the SOLUTION. whining about things aint going to make things happen. Actions speak louder than words.

so, for choosing to not being part of the solution or the problem.

Im just making lemonade for the people who choose to be a part of it.

#141951